The Adani group reported 44.9% decrease in consolidated net profit to Rs 81.09 crore for quarter ended March 2022 as against Rs 147.13 crore in quarter ended March 2021.
The policyholder quota was subscribed 2.26 times, while the portion reserved for employees was subscribed 1.46 times on day 2.
C-Motive has developed the world's first commercially viable electrostatic motor, which is magnet less and uses very little copper and delivers high torque at ultra high efficiency.
AUM for the quarter and year ended 31st March 2022 stood at Rs. 7,617 crores.
While the markets seemed taken by surprise, in light of the progressively hawkish verbals emanating from the US Fed, these moves are broadly in line.
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