Adani Gas shares dip nearly 4% after Q1 profit plunges
NEW DELHI : Adani Gas shares on Thursday fell nearly 4% after the company reported 42% drop in its net profit for the first quarter ended June 30 of fiscal year 2021.
In the morning trade, the stock of Adani Gas declined 3.81% to Rs152.50 on the BSE. On the NSE, it fell 3.75% to Rs152.55.
The Adani Group company’s profit plunged 42% at Rs46 crore in the April-June quarter as the sales volumes were hit because of the coronavirus lockdown.
