{"id":276836,"date":"2019-05-31T05:26:43","date_gmt":"2019-05-31T05:26:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276836"},"modified":"2019-05-31T05:40:20","modified_gmt":"2019-05-31T05:40:20","slug":"adani-power-rises-to-5-week-high-as-firm-returns-to-profit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-rises-to-5-week-high-as-firm-returns-to-profit\/","title":{"rendered":"Adani Power rises to 5-week high as firm returns to profit"},"content":{"rendered":"<p>Shares of Adani Power Ltd rose 6.3 per cent to \u20b951.40, highest since April 25. The company on Wednesday posted a consolidated net profit of \u20b9635 crore ($90.99 mln), compared with a loss of \u20b9653 crore a year ago. The company benefited from a tax gain of about \u20b9741 crore.<\/p>\n<p>At 11.45 am, the stock of Adani Power was trading higher by 4.13 per cent at \u20b950.40.<\/p>\n<p>Adani Power, which competes with players like NTPC Ltd , Power Grid Corp of India Ltd and Reliance Power Ltd, saw its best session since May 23. Power Grid Corp posted a near 52 per cent jump in quarterly profit on Wednesday, while NTPC logged a 49 per cent rise in quarterly profit on May 25.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Adani Power Ltd rose 6.3 per cent to \u20b951.40, highest since April 25. The company on Wednesday posted a consolidated net profit of \u20b9635 crore ($90.99 mln), compared with a loss of \u20b9653 crore a year ago. The company benefited from a tax gain of about \u20b9741 crore. At 11.45 am, the stock of Adani Power was trading higher by 4.13 per cent at \u20b950.40. Adani Power, which competes with players like NTPC Ltd , Power Grid Corp of India Ltd and Reliance Power Ltd, saw its best session since May 23. Power Grid Corp posted a near [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-276836","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276836"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276836\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}