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Eicher Motors soared 6.24 per cent today at open after the company's net profit zoomed 48 per cent to Rs 906 crore in the fourth quarter.
Moody's decision to downgrade some of the group companies come after MSCI cut the free-float status of four Adani firms: Adani Enterprises, Adani Total Gas, Adani Transmission, and ACC.
Meanwhile, the world's largest stock investor, Norway's sovereign wealth fund, said on Thursday it had sold its stake in Adani Group worth around $200 million.