Data is not available for this company.
Data is not available for this company
Past 10 years financial track record analysis by Moneyworks4me indicates that Adani Total Gas Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Adani Gas is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable and environment friendly fuel that allows consumers to enjoy a high level of safety, convenience and economic efficiency.
The company has already set up city gas
The company has already set up city gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh. In addition, the development of Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad, and Udhamsingh Nagar gas distribution is awarded to consortium of Adani Gas Ltd and Indian Oil Corporation Ltd.
Business area of the company
The company is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users in various geographical areas.
Awards and recognitions
Financial Year 2018-19
Financial Year 2019-20