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Adani Green Energy shares rose 3% to Rs 946 in Thursdays intraday trade after the company announced its decision to withdraw from two proposed wind power projects in Sri Lanka. The move follows the Sri Lankan government's request for lower tariffs, easing concerns over the projects' viability. The wind power projects were estimated to cost $1 billion.
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The economy expanded by 0.1% between October and December, official figures suggest.
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P N Gadgil shares surged 10% in intraday trade, hitting Rs 621.05 on the BSE, following the companys quarterly results post-listing. The firm reported a 49.4% YoY growth in profit after tax (PAT) for Q3FY25, with PAT reaching Rs 86.03 crore for the quarter ending December 2024, compared to Rs 57.60 crore in the same period last year.
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