In a regulatory filing, the company said the increase was primarily driven by one-time income of ‘148 crore from regulatory order in the transmission business (a net positive impact of ’21 crore after adjusting for a provision of ‘131 crore (net of tax ‘101 crore) and aided by a mid-term true-up order by the regulator in AEML.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish