Adani Total Gas gains on getting LoA from Convergence Energy Services
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Adani Total Gas is currently trading at Rs. 3645.00, up by 24.45 points or 0.68% from its previous closing of Rs. 3620.55 on the BSE.
The scrip opened at Rs. 3649.85 and has touched a high and low of Rs. 3685.00 and Rs. 3602.25 respectively. So far 3674 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3910.00 on 15-Nov-2022 and a 52 week low of Rs. 1513.00 on 22-Feb-2022.
Last one week high and low of the scrip stood at Rs. 3785.55 and Rs. 3464.80 respectively. The current market cap of the company is Rs. 401216.22 crore.
The promoters holding in the company stood at 74.80%, while Institutions and Non-Institutions held 23.26% and 1.95% respectively.
Adani Total Gas has received Letter of Award (LoA) from Convergence Energy Services for ‘Selection of Bidder for Supply, Installation, Testing, Commissioning, Operation and Maintenance of Electric Vehicle Charging Stations in eight cities (Ahmedabad, Bengaluru, Chennai, Delhi, Kolkata, Mumbai, Pune and Surat) on Build, Own and Operate (BOO) Model for a period of eight years’.
Adani Total 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.
