Adani Power Jumps; Board To Discuss Sale of Mundra Power Generating Unit

Shares of Adani Power jumped as much as 2 per cent to hit intraday high of Rs 27.50 after the company post market hours on Thursday informed stock exchanges that its board of directors will meet on June 6 to discuss slump sale of its Mundra Power Generating Business Undertaking to its subsidiary company. Adani Power in a notification to exchanges said, "the Board of Directors of the Company is scheduled to be held on 6th June, 2017 ...