Mumbai, March 20 -- Praneetha Ecocables (PEL) will focus on manufacturing, marketing, distribution, buying and selling of metal products, cables and wires. PEL is a newly incorporated company registered in Ahmedabad, India, and is yet to commence business operations. PEL has an authorized and paid-up share capital of Rs 10 lakh.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure.

The company's consolidated net profit tanked 96.93% to Rs 57.83 crore in Q3 FY25 as against Rs 1,888.45 crore reported in Q3 FY24. Revenue from operations...