Adani Power shares rise 2% after board approves 1:5 stock split

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Adani Power shares: On Friday, the company announced that its consolidated net profit for the June quarter fell by 15.5% year-on-year to Rs 3,305 crore, down from Rs 3,913 crore in the same period last year. Its revenue from operations also declined by 5.9%, reaching Rs 14,167 crore.