Adani Total Gas hit a new high of Rs 2,845 on Tuesday, surging 15 per cent in the past three trading days
Adani Wilmar has surged 61% in the last one month; Adani Total Gas and Adani Enterprises rallied 35 per cent and 33 per cent, respectively.
Adani Total Gas Ltd, a joint venture of Adani group and TotalEnergies SE, has forayed into electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad
Adani Total Gas Ltd (ATGL) on Monday said it will invest Rs 20,000 crore in setting up city gas infrastructure across the country over the next 8 years
Adani group had originally ventured into city gas business in a joint venture with IOC but it later tied up with Total. Adani and IOC did not put any combined bid in the latest bidding round
Adani Transmission rallied 5% to Rs 1,995, while, Adani Total Gas was up 4 per cent to Rs 1,715 on the BSE in the intra-day trade on Friday
Adani Total Gas retails CNG to automobiles and piped natural gas to household kitchens and industries.
Adani Green Energy (Rs 1,115.85), Adani Transmission (Rs 1,297.65), Adani Total Gas (Rs 1,321) and Adani Power (Rs 120.60) were locked in 5 per cent upper circuit on the BSE
Group's listed stocks' P/E of 102x over three times Sensex's 33x
Shares of all six companies - Adani Enterprises, Adani Green Energy, Adani Ports, Adani Power, Adani Total Gas and Adani Transmission - hit their respective lower circuits in intra-day trade today
Apollo Hospitals, Honeywell Automation and Adani Total Gas may see buying due to their entry in FTSE All world index; MSCI rebalancing expected to take place Friday, could spur inflows of over $250 mn
IGX now has 16 members and over 500 registered clients. With three physical hubs, the exchange has already traded 75,000 million British thermal units since its launch last June
The IGX is an arm of IEX and first authorised gas exchange in the country
Adani Green in a public statement said the joint venture has 2 GW of operating solar projects operating across 11 states in India
Originally, Adani Gas was part of Adani Enterprises Ltd (AEL) and was demerged into a separate unit before half of Adani family's 74.8 per cent stake being sold to Total
The balance 50% stake in the JV shall be held by AGEL. The solar portfolio is spread across 11 states in India
Firm has already brought in a nominee of the French oil major on its board
The deal will be the largest foreign direct investment in India's city gas distribution
Total and Adani will also create a joint venture with the objective of building a retail network over 10 years