Adani Enterprises Shares Plunge 7.87%, Among Nifty 50's Top Losers Today

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Moneycontrol•23-01-2026, 14:10
Adani Enterprises Shares Plunge 7.87%, Among Nifty 50's Top Losers Today
- •Adani Enterprises shares dropped 7.87% to Rs 1,922.1, making it a top loser on the Nifty 50.
- •The company reported a significant increase in yearly net profit by 127.94% from 2024 to 2025, reaching Rs 7,510.22 crore.
- •Quarterly results show revenue fluctuations, with a net loss of Rs -16.54 crore in December 2024, followed by a strong net profit of Rs 3,974.62 crore in March 2025.
- •Adani Enterprises' subsidiary, AMG Media Networks Limited, signed a share purchase agreement with IANS India Private Limited.
- •The board meeting to approve unaudited financial results for Q3 FY2026 is scheduled for February 3, 2026.
Why It Matters: Adani Enterprises shares fell sharply despite strong yearly profit growth and strategic corporate actions.
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