2) The company's profits, not including a one-time gain of 240 Crores, fell 14% compared to last year, making it 238 Crores.
However, if we include the one-time gain, the profit becomes 478 Crores."
3) The company's revenue increased by 16% to reach 3,037 Crores Rupees, with distribution business contributing 69% and transmission business contributing 31%
4) Adani Transmission expanded its operational network by 371 Circuit Kilometers during the third quarter of the fiscal year 2023, bringing the total network length to 18,795 Circuit Kilometers.
A Circuit Kilometer refers to the actual length of the line.
5) Adani Transmission has a total capacity at 40,001 MVA. Transmission capacity grew by 3.5% in Q3
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In case of a margin call, Banks can sell those pledged stocks to recover their money.
This can further intensify selling pressure on Adani stocks in the market.
Hence, releasing those pledged stocks will reduce the risk of margin calls and further selling.
2) Paying back the loan amount will also give a message in the market that Adani group has the cash to pay back its dues so they are not at default risk.
This can create a positive sentiment among investors toward Adani group stocks.