SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Enterprise’s arm to pick 20% stake in Green Gas

15 Dec 2012 Evaluate

Adani Enterprise’s wholly owned subsidiary - Adani Gas, will pick up 20% stake in a gas supply firm Green Gas. The company has valued Green Gas at around Rs 95 crore and a 20% stake would cost Rs 19 crore. The company will buy the equity from the Aditya Vikram Birla Group and financial institutions IDFC and UTI, which together hold 50% stake in Green Gas.

Green Gas is a joint venture company where Indian Oil Corporation (IOC) and GAIL India each holds 22.50% stake in the company while Uttar Pradesh State Industrial Development Corporation holds 5% stake.

Adani Enterprises (AEL) is the flagship company of the Adani Group, it 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

2218.35 13.35 (0.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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:

×