SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Enterprises acquires balance 49% stake in Chemoil-Adani

07 Oct 2015 Evaluate

Adani Enterprises has acquired balance 49% stake in Chemoil-Adani, which was a jointly-owned bunker supplier that supplied bunker fuel to vessels in Mundra and other ports in India. Chemoil Energy (Chemoil), a subsidiary of Glencore, has sold to Adani its 49% interest in Chemoil-Adani.

Going forward, Chemoil will no longer be associated with the business, which will be fully-owned and managed by Adani and renamed as Adani Bunkering.

Adani Enterprises is the country’s largest coal importer-turned-domestic private mine developer-cum-operator (MDO). The company is truly a diversified asset backed commodities trader, sourcing, producing, marketing and transporting them across the globe.


 


Adani Enterprises Share Price

3053.75 -53.50 (-1.72%)
08-Jul-2026 15:32 View Price Chart
Peers
Company Name CMP
Redington 268.50
Amrapali Industries 32.04
Adani Enterprises 3053.75
Rashi Peripheral 740.50
PDS 346.75
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: