Adani Ports and Special Economic Zone shares rose by nearly 5 per cent, extending its rally for the second consecutive day, as the company reported 26 per cent jump in consolidated net profit for the December quarter.
The stock went up by 4.78 per cent to end at Rs 200.40 on BSE. During the day, it gained 6.79 per cent to Rs 204.25.
On NSE, shares of the company climbed 4.81 per cent to close at Rs 200.35.
The stock was the top gainer on Sensex and Nifty.
The scrip has rallied over 12 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 during the corresponding quarter of the previous fiscal.
