Adani Total SA

Adani Green Energy, Adani Energy Solutions and Adani Total Gas rallied up to 22% on the NSE in intra-day trade, after inclusion in F&O segment on Friday.

But group wins GQG's vote of confidence

The NSE has approved the addition of 45 new stocks to the F&O; technical chart suggests that these 5 including the likes of Paytm, Zomato and Adani Total Gas can zoom up to 27% from present levels.

Stocks to Watch: Life Insurance Corporation of India has increased its shareholding in Bank of Maharashtra from 4.05 per cent to 7.10 per cent following the allotment of shares during a QIP.

Adani group has started blending green hydrogen in natural gas that is supplied to households for cooking purposes in parts of Ahmedabad, with a view to cut emissions and meet net-zero targets. Adani Total Gas Ltd, the group's city gas joint venture with French energy giant TotalEnergies, has started blending 2.2-2.3 per cent of green hydrogen in piped natural gas supplies in Shantigram in Ahmedabad, the firm said in a post on LinkedIn. Hydrogen produced through clean pathways is injected into natural gas pipelines, and the resulting blends are used to generate heat and power with lower emissions than using natural gas alone. The firm has started producing green hydrogen by using renewable energy sources like wind or solar power, to split water into hydrogen and oxygen through a process called electrolysis. This hydrogen is blended in natural gas that is currently piped to households for cooking purposes and industries. "We are thrilled to announce the successful commissioning of o

Adani Total Gas share price surged after the company announced that global lenders have provided funding worth $275 million to the company.

Stocks to Watch: Indian markets were likely to start on a positive note on Monday, as indicated by GIFT Nifty futures that were at 25,900, around 150 points ahead of Nifty futures' last close.

The company said the maiden financing of $375 million executed with international lenders includes an initial commitment of $315 million with an accordion feature to enhance the commitments

Sebi slapped 'show cause' notice to Hindenburg; Adani Total Gas, Adani Energy Solutions, New Delhi Television and Adani Wilmar were up in the range of 1 per cent to 2 per cent.

Revenue had risen by more than 12% during the same period last year, driven by higher volumes and an increase in sales price

Adani Group on Thursday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports soared 34 per cent to Rs 79,000 crore in the 12-month period ended December 2023 - 2.5x of EBITDA in financial year 2021. EBITDA of Rs 78,823 crore in 2023 is compared with Rs 58,653 crore pre-tax profit in the previous year, it said in a statement. "The growth was powered by the highly stable core infrastructure platform. Growing at 35.5 per cent, it generated Rs 66,208 crore (USD 8 billion) - 84 per cent of portfolio EBITDA," it said. Domestic and international rating agencies, including S&P Global and Moody's have upgraded or positively revised the outlook for all key portfolio companies. "The portfolio continues to remain conservatively leveraged with net debt to EBITDA as low as 2.5x," the statement said adding debt coverage stood at 2.1x and gross assets to net debt at 2.5x. The group maintained high liquidity with a healthy cash balance of Rs 44,572 crore at ..

Dhamra LNG terminal, India's newest and only terminal on the Eastern coast will take advantage of the Urja Ganga and Indradhanush gas grids, to service the region

ATGL is authorised in 33 Geographical Areas and plays a significant role in the nation's efforts to enhance the share of natural gas in its energy mix

Gas sale volume for Q3 FY24, the company said, was up 21 per cent Y-o-Y to 224 million metric standard cubic meters (MMSCM), while the cost of natural gas dipped 4 per cent Y-o-Y

The company, which distributes piped gas to various Indian cities, said consolidated profit rose to 1.77 billion rupees ($21 million) for quarter ended Dec 31 from 1.50 billion rupees a year earlier

Stocks to watch on Thursday, December 28, 2023: Azad Engineering to list today. National Aluminium and RBL Bank only two stocks in futures & options ban period on expiry day.

Adani Total Gas Ltd, the city gas joint venture of Adani Group and TotalEnergies of France, on Tuesday reported 20 per cent rise in September quarter net profit on CNG sales boost. Net profit of Rs 168 crore in July-September was 20 per cent higher than Rs 139 crore net profit in the same period a year back, the company said in a statement. CNG sales rose 20 per cent to 113 million standard cubic meters while piped gas supplies dropped 3 per cent to 75 mmscm. Revenue was almost flat at Rs 1,178 crore. "Revenue from operations has remained flat as there was reduction in gas cost due to revised pricing formula approved by Government of India with effect from April 8, 2023, the benefit of which ATGL passed on to its consumers, resulting in decrease in sales price," it said. EBITDA increased 17 per cent on account of higher volume and balanced price strategy. The company said it added 23 new CNG stations to raise the total network strength to 483. It also connected 51,801 homes with

Stocks to Watch on August 23, 2023: Torrent Pharma has joined the race to buy out Cipla's promoter stake held by the Hamied family, reported The Economic Times

Adani TotalEnergies E-Mobility Limited (ATEL) will set up EV charging infrastructure with all-electric cab aggregator, Prakriti E-Mobility (Evera), the company said on Tuesday. "The collaboration will feature an integration of 200 EV charging points super hub in Delhi. This strategic partnership will be scaled up pan-India to encourage decarbonized mobility," it said in a statement. Adani TotalEnergies E-Mobility Limited (ATEL) is a wholly-owned subsidiary of Adani Total Gas Limited, the equal joint venture of Adani Group and French energy giant TotalEnergies. ATEL is setting up EV charging ecosystem with a wide range of charging points catering to B2C and B2B customers. The partnership with Evera comes at a time of rising EV demand, though charging infrastructure still remains scant. It will "help catalyse India's 2030 decarbonization target, supported by a rising inclination towards electric vehicles in the cab-hailing segment," the statement said. ATEL and Evera hope to bridge

Oil regulator PNGRB has rejected Adani Total Gas Ltd's application for a licence to retail CNG to automobiles and piped gas to household kitchens in Noida, on the outskirts of the national capital, on grounds that it does not meet criteria. The Petroleum and Natural Gas Regulatory Board (PNGRB) in an order dated July 14 said Adani Total Gas Ltd does not fulfill the requirements of law and so its application is rejected. Adani has been eyeing a city gas distribution (CGD) licence for cities adjoining the national capital for nearly two decades now. A firm can retail CNG or piped natural gas in a city only if it is authorised by the regulator or had permission from the central government prior to the regulator coming into existence. While Indraprastha Gas Ltd - the joint venture of state-owned firms - had been authorised for the National Capital Territory of Delhi, Adani has challenged IGL's claim for adjoining cities. PNGRB, which came into being in 2006, accepted city gas ...