Adani Ports reported a significant 29% year-on-year increase in net profit to ₹3,120 crore for the September quarter, driven by robust growth in its logistics and marine businesses. Revenue surged 30% to ₹9,167 crore, with cargo volumes rising 12% and market share reaching 28.1%.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.