Synopsis: Adani Energy Solutions delivered a steady Q2 with rising profits and strong smart metering growth. But with mixed signals across segments, should investors buy, sell, or hold the stock?

The power utility sector saw mixed sentiment as one of its leading players reported steady quarterly performance marked by resilient transmission revenues and strong smart metering growth. While profitability improved sequentially, investors remained cautious amid moderate demand in distribution areas affected by seasonal trends.

Adani Energy Solutions Ltd , with a market capitalization of Rs. 1,11,064.59 crore, opened at Rs. 941 on Tuesday against its previous close of Rs. 946.35. The stock touched an intraday high of Rs. 943.60, marking a marginal decline of 0.29 percent from the previous s

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