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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.