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Out of the 11 Adani stocks listed then, seven are yet to recover to the pre-Hindenburg levels though the Nifty index has rallied 29% since then. Three stocks, such as Adani Total Gas, Adani Energy Solutions, and Adani Wilmar, are trading 50-83% lower; while NDTV, Adani Green and Adani Enterprise are down by 30-50%. Adani Power has doubled since the Hindenburg report while Adani Port gained 48%.
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Revenue from operations increased 7% to 2.43 lakh crore from 2.27 lakh crore in the year earlier. Consolidated ebitda increased by 7.8% to 48,003 crore.
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The world's second largest economy is set to release annual economic growth figures.
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News and Media
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