Adani Energy Solutions shares fell despite steady Q4 performance. The company posted a 6% YoY rise in net profit to Rs 684 crore and a 17% jump in revenue to Rs 7,443 crore, driven by key transmission projects.
Jupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The
Indian stock markets experienced a sharp selloff on Friday, with Sensex and Nifty dropping over 1%, driven by passive fund flows from MSCI index reshuffles.
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