Stocks to Watch on June 30, 2023: MCX has extended the support services deal with its software vendor 63 Moons Technologies; BPCL's board approved raising up to Rs 18,000 crore via rights issue
ATGL will also diversify its offerings to compressed natural gas, compressed biogas, and electric vehicle charging along with scaling its gas distribution business
Adani Total Gas Ltd. and Adani Transmission Ltd. - the two stocks to be dropped from the MSCI India gauge at the end of this month
Last week, global index provider MSCI dropped Adani Total Gas and Adani Transmission from its India index
Stocks to be assigned 'zero' value if they get locked in lower circuits that day
The exclusion follows changes in MSCI's calculation on the amount of shares considered freely tradable in the public market for the two companies
Shares of Adani Transmission and Adani Total Gas had hit their respective lower circuit filter of 5 per cent on Monday, after MSCI said it would reduce their weights in its indices
State-owned Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought natural gas to be produced from the deepest field in the KG-D6 block of Reliance Industries Ltd and bp, sources said. IOC walked away with almost half of the 6 million standard cubic meters per day of gas sold in an e-auction on Wednesday while state-owned gas utility GAIL bought 0.7 mmscmd, Adani-Total Gas Ltd 0.4 mmscmd, Shell 0.5 mmscmd, GSPC 0.25 mmscmd and IGS another 0.5 mmscmd, two sources with knowledge of the matter said. Reliance-bp on Wednesday held an e-auction for sale of gas from the MJ field in their eastern offshore KG-D6 block after incorporating the government's new marketing rules to give CNG-selling city gas companies first priority over supplies. The bidding saw participation from 41 companies from various sectors including city gas, fertiliser, oil refinery, glass, ceramics and traders, sources said adding unlike previous auction Reliance did
This comes after questions were raised about his status following short-seller Hindenburg Research naming him prominently in its January report
Elara holds a 1.6 per cent stake in Adani Enterprises, 3.62 per cent in Adani Transmission and 1.62 per cent in Adani Total
Affirms ratings on long-term loans of both firms
Adani Ports and Special Economic Zone, Adani Wilmar, ACC, Ambuja Cements and New Delhi Television (NDTV) are down in the range of 1 per cent to 5 per cent.
The world's largest stock investor says it sold its shares - worth just over $200 million - in three Adani group companies since the start of the year
India's LNG imports fell for the second straight year in 2022, mainly due to fewer imports by utilities as the country ramped up coal-fired power production at the expense of natural gas
The order is for supply of CNG cascades made from Type-IV composite cylinder. The delivery of these cascades shall begin from January 2023.
Adani Total Gas said revenue rose due to increased volumes and higher prices, as it passed on some of the rise in input costs to customers
Adani Total Gas hit a new high of Rs 2,845 on Tuesday, surging 15 per cent in the past three trading days
Adani Wilmar has surged 61% in the last one month; Adani Total Gas and Adani Enterprises rallied 35 per cent and 33 per cent, respectively.
Adani Total Gas Ltd, a joint venture of Adani group and TotalEnergies SE, has forayed into electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad
Adani Total Gas Ltd (ATGL) on Monday said it will invest Rs 20,000 crore in setting up city gas infrastructure across the country over the next 8 years