ADANI POWER (ADANIPOWER)
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Adani Power Q2 profit more than doubles to ₹6,919 crore
Adani Power reported Q2 FY27 net profit of ₹6,919 crore, up 134% year-on-year, as revenue rose roughly 44-45%. The results, confirmed across multiple reports, mark a sharp earnings acceleration driven by higher revenue. The story is now in the post-earnings phase, with attention shifting to management commentary and stock reaction.
Indian firms rush to raise funds via share sales
Indian listed companies are ramping up equity offerings to institutional investors as ample liquidity and improving sentiment open a window for one of the fastest routes to raise funds. About 170 companies have secured board approvals since April 1, the start of the financial year, to raise more than $20 billion combined through share sales including qualified institutional placements, or QIPs, according to data from primedatabase.com.
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