Adani Enterprises Shares Plunge 10% as Stock Hits Lower Circuit

M
Moneycontrol•23-01-2026, 15:12
Adani Enterprises Shares Plunge 10% as Stock Hits Lower Circuit
- •Adani Enterprises shares hit the lower circuit on Friday, declining 10% to Rs 1,877.80.
- •The company reported consolidated revenue of Rs 97,894.75 Crore and net profit of Rs 7,510.22 Crore for the year-ending March 2025.
- •Quarterly performance for September 2025 showed consolidated revenue of Rs 21,248.51 Crore and net profit of Rs 3,396.56 Crore.
- •Adani Enterprises has a history of corporate actions including stock splits, bonus issues, and rights issues.
- •A board meeting is scheduled for February 3, 2026, to approve unaudited financial results for Q3 FY26.
Why It Matters: Adani Enterprises stock dropped 10% to its lower circuit despite strong past financial performance and corporate actions.
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