Adani Enterprises Soars to New Heights with Exceptional Profit Surge

Adani Enterprises Ltd's shares surged over 4% after the company reported an almost eight-fold increase in net profit for the September quarter, driven by strong performance in airports and new energy sectors, despite challenges in the coal trading business.

Shares of Adani Enterprises Ltd surged over 4% on Wednesday following an impressive financial performance in the September quarter.

The firm's stock closed at Rs 2,967.65 on BSE after reaching a peak of Rs 2,998 earlier, reflecting a jump of 5.50% during the day's trading.

The staggering profit growth was attributed to robust earnings in airports and new energy sectors, which outweighed challenges from its coal trading division.

(With inputs from agencies.)