Adani Ports continue its winning spree; shares surge 6%

Adani Ports and Special Economic Zone shares rose six per cent, extending its rally for the third straight session, as the company reported 26 per cent jump in consolidated net profit for the December quarter.
The stock surged 5.84 per cent to end at Rs 212.10 on BSE. During the day, it jumped 6.81 per cent to Rs 214.05.
The scrip was the top gainer on Sensex.
On NSE, shares of the company rose 6 per cent to settle at Rs 212.50.
The scrip has rallied nearly 19 per cent since the company announced its result on Friday.
Adani Ports and Special Economic Zone Ltd (APSEZ) had reported 26 per cent jump in consolidated net profit to Rs 644.96 crore for the quarter ended December 2015 on the back of increased income.

Total income from operations rose to Rs 1,717.86 crore during the quarter under review as against Rs 1,548.45 crore in the corresponding quarter of the previous fiscal.