Adani Ports' shares increased following a solid quarterly performance, which was big news.
#AdaniPorts
Big Share Price Move
Early Trading Knows Shares Rise More Than 6%Adani Ports' stock increased 6.45% on Friday to reach ₹1,295 on the NSE before closing at ₹1,273.6, which is still 4.69% higher.
Impressive Profit Growth
March Quarter: 50% Increase in Profit!Investor confidence increased when the company announced a huge 50% increase in net profit for the March quarter.
Good Estimates of Revenue
More Revenue Growth Is ExpectedAdditionally, Adani Ports provided a favorable revenue expectation for the current financial year.
Highest Market Gainer
Top Gainer on the Nifty and SensexThe best-performing stock of the day among all Sensex and Nifty businesses was Adani Ports.