Adani Enterprises Profits Soar on Coal, Power, Ports Demand

- May 12th, 2011

Reuters reported that Adani Enterprises (NSE:ADANIENT) is enjoying triple its quarterly net profits on demand for coal.

Reuters reported that Adani Enterprises (NSE:ADANIENT) is enjoying triple its quarterly net profits on demand for coal.

The market news is quoted as saying:

Last August, Adani agreed to invest $1.65 billion in an Indonesian coal port and railway that can source fuel for its Indian power plants and help open up Indonesia’s hard-to-reach coal resources.

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