Hot Pursuit     14-Dec-22
Adani Transmission rises on incorporating wholly owned subsidiary
Adani Transmission gained 1.19% to Rs 2680.95 after the company said that it has incorporated a wholly owned subsidiary, Adani Cooling Solutions (ACSL), on 12 December, 2022, with an initial authorized and paid-up share capital of Rs 1 lakh each.

ACSL was incorporated for the purpose of carrying on district cooling system business. It will commence its business operations in due course, said the company.

Adani Transmission (ATL) is the transmission and distribution business arm of the Adani Group. ATL is the country's largest private transmission company with a cumulative transmission network of approximately 18,795 ckm, out of which approximately 15,003 ckm is operational and approximately 3,792 ckm is at various stages of construction.

The company's net profit tumbled 32.67% to Rs 194.47 crore despite of 22.3% jump in revenue from operations to Rs 3032.07 crore in Q2 FY23 over Q2 FY22.

Previous News
  Adani Energy Solutions Ltd spurts 1.66%, rises for third straight session
 ( Hot Pursuit - 10-Jun-24   13:05 )
  Airtel to power over 20 million smart meters for Adani Energy Solutions
 ( Corporate News - 09-Jan-24   12:58 )
  Adani Energy Solutions Ltd up for five straight sessions
 ( Hot Pursuit - 22-Aug-23   13:01 )
  Indices trade with limited gains; Pharma shares advance
 ( Market Commentary - Mid-Session 02-May-24   14:34 )
  Volumes jump at Adani Total Gas Ltd counter
 ( Hot Pursuit - 28-Nov-23   14:30 )
  Adani Energy Solutions Q4 PAT drops 13% YoY to Rs 381 cr
 ( Hot Pursuit - 02-May-24   13:17 )
  Adani Energy Solutions Ltd Surges 8.28%, S&P BSE Utilities index Gains 1.81%
 ( Hot Pursuit - 29-Nov-23   09:30 )
  Adani Transmission Q4 PAT soars 85% YoY to Rs 440 cr
 ( Hot Pursuit - 30-May-23   09:43 )
  Adani Transmission Ltd leads losers in 'A' group
 ( Hot Pursuit - 05-Apr-23   15:00 )
  Nava Ltd Surges 2.02%
 ( Hot Pursuit - 06-Apr-23   09:30 )
  Adani Transmission gains on incorporating electricity unit in Aurangabad
 ( Hot Pursuit - 17-Mar-23   12:00 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top