Adani Gas is currently trading at Rs. 227.00, up by 4.15 points or 1.86% from its previous closing of Rs. 222.85 on the BSE.
The scrip opened at Rs. 226.25 and has touched a high and low of Rs. 230.70 and Rs. 226.25 respectively.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 228.30 on 03-Nov-2020 and a 52 week low of Rs. 76.70 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 230.70 and Rs. 194.85 respectively. The current market cap of the company is Rs. 24509.27 crore.
The promoters holding in the company stood at 74.80%, while Institutions and Non-Institutions held 20.43% and 4.77% respectively.
Adani Gas has signed a Definitive Agreement for acquisition of 3 Geographical Areas namely Ludhiana, Jalandhar and Kutch (East). All 3 GAs have high volumes potential in terms of demand of over 6.5 MMSCMD over a period 10 Years. These GA’s are under Phase 1 of Bharat Mala Pariyojana by NHAI which will further boost the development and volume growth.
With the addition of these 3 GAs, AGL shall now have a presence in 22 GAs as a standalone entity and additional 19 Gas with JV partner with IOCL aggregating its tally to 41 Gas (74 Districts) ensuring AGL’s continued leadership in CGD Business in India.
Adani Gas is a wholly owned subsidiary of the Adani Enterprise (AEL) and was incorporated for setting up distribution network in various cities to supply natural gas to industrial, Commercial, Domestic and CNG Customers.
| Company Name | CMP |
|---|---|
| GAIL India | 166.50 |
| Gujarat Gas | 396.55 |
| Indraprastha Gas | 166.25 |
| Mahanagar Gas | 1171.95 |
| Adani Total Gas | 633.70 |
| View more.. | |
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