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The stock gained as much as 7.2% to Rs 3,850 apiece. At the intraday high, the stock was only Rs 35 off its all-time high, which it hit on Sept. 20.
Other Adani Group firms also gained after the profit beat by the incubator.
Adani Ports and Special Economic Zones Ltd. gained as much as 1.8%, while Adani Total Gas Ltd. and Adani Wilmar Ltd. also advanced.
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