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VERIFIEDET Stocks·negative

Adani Green shares tumble 5% after Q1 results. Here’s why Bernstein has an Underperform rating

AI Summary
  • ·Adani Green Energy shares fell 5% on Thursday.
  • ·The company reported a 19% year-on-year increase in consolidated net profit to Rs 845 crore for Q1 FY27.
  • ·Revenue rose 16% to Rs 4,663 crore, driven by a 29% jump in revenue from power supply.
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