Consolidated operating profit of the company jumped 30% on a year-on-year basis to Rs 17.20 crore.
JM Financial has a March 2018 target of Rs 880, promising 20 per cent upside potential.
Pan-European STOXX 600 fell 0.3 per cent, as major regional benchmarks tracked a global dip in stocks.
The company's profit more than halved in March quarter.
Ambani’s wealth has risen to $29.9 billion, up $7.10 billion from what it was on Dec 31.
CSI300 index fell 0.5 per cent, to 3,409.97 points, while the Shanghai Composite Index lost 0.3 per cent to 3,104.44 points.
This is the first power sector InvIT ever. The IPO received bids for 11.53 lakh unit so far.
It will comprise a fresh issue of 72.5 lakh shares and on offer for sale (OFS) of up to 14.5 lakh.
In a statement, Quess Corp said that the company had posted a PAT of Rs 81.2 crore in 2015-16.
The dollar's index against a basket of six major currencies dropped to 98.063.
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ITC fell 0.71 per cent to Rs 281.45; Dr Reddy’s Labs dropped 0.93 per cent to Rs 2,697.