Business Standard

Adani Gas

Adani Group stocks see little impact of Sebi notices on disclosure norms

Six group firms say they have received notices; legal experts say allegations don't seem to be very serious

Adani Group stocks see little impact of Sebi notices on disclosure norms
Updated On : 03 May 2024 | 12:03 PM IST

Why Adani Total Gas, Adani Power, Adani Wilmar will be in focus on May 2

Stocks to Watch on Thursday, May 2, 2024: Adani Power has reported a 48 per cent Y-o-Y fall in consolidated net profit at Rs 2,737 crore for the quarter ended March, 2024

Why Adani Total Gas, Adani Power, Adani Wilmar will be in focus on May 2
Updated On : 02 May 2024 | 8:17 AM IST

Adani Total Gas looks to increase adoption of LNG as primary fuel

With quicker adoption of liquified natural gas (LNG) becoming a centre point in government's gas policy and to control greenhouse gas (GHG) emissions, leading city gas distributor (CGD) Adani Total Gas Ltd has identified this super-chilled fuel to fuel its growth. Adani Total Gas Ltd (ATGL) is aiming to increase the adoption of LNG as the primary fuel for long-haul commercial vehicles, replacing diesel, through an ecosystem approach, a senior company official said. This includes strategic tie-ups with various stakeholders like auto ancillaries, Original Equipment Manufacturers (OEMs), fleet operators, end-use industry, and retrofitment players to advocate for quicker adoption of the fuel. "The biggest challenge of LNG is distribution. Currently we have only a handful of LNG dispensing stations and hence it is a chicken and egg situation. Fleet operators are unwilling to invest in switching over till the distribution network comes up, and till the demand builds up, oil marketing ...

Adani Total Gas looks to increase adoption of LNG as primary fuel
Updated On : 18 Feb 2024 | 2:11 PM IST

Adani Total Gas Q3 results: Net profit rises 18% on higher CNG sales

The company, which distributes piped gas to various Indian cities, said consolidated profit rose to 1.77 billion rupees ($21 million) for quarter ended Dec 31 from 1.50 billion rupees a year earlier

Adani Total Gas Q3 results: Net profit rises 18% on higher CNG sales
Updated On : 30 Jan 2024 | 7:26 PM IST

A year after Hindenburg saga, Adani biz emerges fundamentally stronger

While Adani stocks have risen more than $90 billion from last year's low, they remain about $60 billion short of their pre-Hindenburg peak

A year after Hindenburg saga, Adani biz emerges fundamentally stronger
Updated On : 22 Jan 2024 | 7:23 AM IST

Adani Group announces key partnerships, project wins in energy sector

The group's transmission entity, Adani Energy Solutions, said it has entered into a smart meter joint venture with Esyasoft Holdings Ltd.'s smart metering solutions arm

Adani Group announces key partnerships, project wins in energy sector
Updated On : 27 Dec 2023 | 10:51 PM IST

This Adani group stock has nearly doubled investor wealth in 8 days

Shares of Adani Total Gas zoomed 20 per cent to Rs 1,053.80 in intraday trade today on the back of heavy volumes

This Adani group stock has nearly doubled investor wealth in 8 days
Updated On : 06 Dec 2023 | 11:28 AM IST

Adani Total Gas launches green hydrogen blending pilot project in Ahmedabad

The project is expected to be commissioned by FY24-25, and the percentage of green hydrogen will be gradually increased in the blend to up to 8 per cent or more

Adani Total Gas launches green hydrogen blending pilot project in Ahmedabad
Updated On : 28 Nov 2023 | 3:03 PM IST

With US funding in pocket, Adani plans expansion of overseas port empire

The announcement marked a welcome reprieve for India's Adani Group following a damaging short-seller attack and a number of corporate fraud allegations leveled against it this year

With US funding in pocket, Adani plans expansion of overseas port empire
Updated On : 13 Nov 2023 | 10:46 PM IST

Adani Power shares up over 2%, majority of group firms settle in green

Shares of Adani Power climbed over 2 per cent on Thursday after US-based boutique investment firm GQG Partners along with other investors bought an 8.1 per cent stake in the company for over Rs 9,000 crore (USD 1.1 billion). The stock gained 2.58 per cent to settle at Rs 286.50 on the BSE. During the day, it climbed 3.27 per cent to Rs 288.45. At the NSE, it climbed 2 per cent to end at Rs 285.55 apiece. Majority of the group companies also ended in the green. Adani Ports jumped 4.47 per cent, Ambuja Cements climbed 1.91 per cent, Adani Enterprises gained 1.45 per cent, NDTV (1.26 per cent), ACC (0.64 per cent) and Adani Transmission (0.42 per cent). GQG Partners along with other investors on Wednesday bought an 8.1 per cent stake in Adani Power Ltd for over Rs 9,000 crore, as the marquee investor shrugged off the damning report of a US-based short-seller, to invest in billionaire Gautam Adani's group. GQG Partners and other investors bought 31.2 crore shares of Adani Power in a b

Adani Power shares up over 2%, majority of group firms settle in green
Updated On : 17 Aug 2023 | 5:43 PM IST

Adani Total Gas Q1FY24 results: Net profit jumps 7% YoY to Rs 148 cr

The revenue from operations for Q1FY24 came in at Rs 1,135 crore, compared to Rs 1,110 crore year-on-year

Adani Total Gas Q1FY24 results: Net profit jumps 7% YoY to Rs 148 cr
Updated On : 01 Aug 2023 | 5:11 PM IST

Stocks to Watch on Aug 1: Adani Total, PVR Inox, Maruti, ITC, SBI, autos

Stocks to Watch on Tuesday, August 1, 2023: The Board of ITC will meet on August 14 to announce Q1FY24 results, and consider the Scheme of Arrangement for the demerger of Hotels Business

Stocks to Watch on Aug 1: Adani Total, PVR Inox, Maruti, ITC, SBI, autos
Updated On : 01 Aug 2023 | 8:24 AM IST

Stocks to watch: IndusInd Bank, Ashok Leyland, Patanjali Foods, Ircon, IOC

Stocks to watch on July 18, 2023: From Ashok Leyland to Tata Elxsi, check out the top stocks to watch in Tuesday's trading session

Stocks to watch: IndusInd Bank, Ashok Leyland, Patanjali Foods, Ircon, IOC
Updated On : 18 Jul 2023 | 7:53 AM IST

Adani-Total Gas to invest Rs 20k cr in 8-10 yrs to expand retail CNG line

Adani Total Gas Ltd, the joint venture of billionaire Gautam Adani's group and French energy giant TotalEnergies, will invest Rs 18,000 crore to Rs 20,000 crore in the next 8 to 10 years to expand infrastructure for retailing CNG to automobiles and piping gas to households and industries, its CFO said. The company retails CNG to automobiles and pipes gas to household kitchens for cooking purposes in 52 licences that cover 124 districts of the country. It has 460 CNG stations in the country and about 7 lakh consumers of its piped cooking gas. It is looking to expand its network of CNG stations as well as pipeline network that takes the gas to household kitchens and industries, to tap into the country's growing appetite for cleaner fuel. In the company's latest annual report, Adani Total Gas Ltd (ATGL) chief financial officer Parag Parikh said the company invested over Rs 1,150 crore in 2022-23 (April 2022 to March 2023) for creating additional infrastructure. "From a long-term ...

Adani-Total Gas to invest Rs 20k cr in 8-10 yrs to expand retail CNG line
Updated On : 29 Jun 2023 | 11:27 AM IST

Adani Gas down 74% in 6 months, Serum Institute most valued unlisted firm

The total value of the top 500 companies in India declined marginally by 6.4% to Rs 212 trillion from Rs 227 trillion as of October 30,2022.

Adani Gas down 74% in 6 months, Serum Institute most valued unlisted firm
Updated On : 21 Jun 2023 | 9:02 AM IST

MSCI cuts free float in Adani Transmission, Adani Total Gas; stocks sink 5%

The sharp decline in Adani Transmission and Adani Total Gas follows global index provider MSCI's decision to reduce the free float of the duo in its index review this month

MSCI cuts free float in Adani Transmission, Adani Total Gas; stocks sink 5%
Updated On : 08 May 2023 | 12:01 PM IST

Street Signs: Free-float markdown, Zomato gains 25% in 4 weeks & more

Adani Total Gas and Adani Transmission in the MSCI Standard indices could now halve

Street Signs: Free-float markdown, Zomato gains 25% in 4 weeks & more
Updated On : 08 May 2023 | 6:10 AM IST

Adani Total Gas Q4 net profit up 20.7%, declares dividend of Rs 0.25/apiece

The company's revenue from operations rose 12.3 per cent YoY to Rs 1,197.31 crore in the quarter ended March 31

Adani Total Gas Q4 net profit up 20.7%, declares dividend of Rs 0.25/apiece
Updated On : 02 May 2023 | 3:09 PM IST

From Ambuja Cements to Tata Steel: Q4 results to watch out for today

Q4 Results of Adani group companies are important to look at the fundamentals of the group after the rout its companies had to face post the Hindenburg Research report

From Ambuja Cements to Tata Steel: Q4 results to watch out for today
Updated On : 02 May 2023 | 9:27 AM IST

Adani Gas reduces prices of CNG by Rs 8.13/kg, PNG by Rs 5.06/scm

ATGL also announced a reduction in PNG prices for Industrial and Commercial Consumers by Rs 3.0 per scm its geographical areas (GAs)

Adani Gas reduces prices of CNG by Rs 8.13/kg, PNG by Rs 5.06/scm
Updated On : 08 Apr 2023 | 7:58 AM IST