Shares of Gautam Adani-led Adani Enterprises are in focus following a 664% YoY jump in consolidated net profit for the September quarter, reaching Rs 1,742 crore. Revenue from operations rose 16% to Rs 22,608 crore. Additionally, the board approved a Rs 2,000 crore fundraising plan through the issuance of Non-Convertible Debentures (NCDs) in one or more tranches.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the NSE Midcap pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 5, according to stockedge.com’s technical scan