Adani Power, arm of Indian business conglomerate Adani Group, witnessed a fall in share price on Tuesday after the company said its net loss for the quarter ended September 2016 has narrowed to Rs 1,134. During the quarter, the in the same quarter last year.
Revenues for the quarter rose marginally 0.44% to Rs 57,761 million, compared with Rs 57,506 million for the prior year period.
Shares of Adani Power are trading at Rs 26.40, down Rs 0.55, or 2.04% at the Bombay Stock Exchange (BSE) on Tuesday at 9:51 a.m.
The scrip has touched an intra-day high of Rs 27.00 and low of Rs 26.20. The total volume of shares traded at the BSE is 215,707.
Total volume of shares traded on the bourses today was lower by 83.41% to 1,185,258 compared with 22-day average volume of 7,145,232.