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Adani Power share price at new 52-week high after Q1 profit rises 17-fold; should you buy, sell, hold?

Adani Power share price jumped nearly 4 per cent to a new 52-week high of Rs 354 apiece on BSE on Thursday, after the company posted a manifold jump in consolidated net profit to Rs 4,779.86 crore in Q1. The company had reported a consolidated net profit at Rs 278.22 crore in the corresponding quarter …

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