Adani Total Gas gains on inking pact with Jio-bp
Adani Total Gas is currently trading at Rs. 636.90, up by 3.00 points or 0.47% from its previous closing of Rs. 633.90 on the BSE.
The scrip opened at Rs. 640.00 and has touched a high and low of Rs. 646.50 and Rs. 635.00 respectively. So far 32906 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 941.05 on 01-Aug-2024 and a 52 week low of Rs. 533.00 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 646.50 and Rs. 610.70 respectively. The current market cap of the company is Rs. 69986.41 crore.
The promoters holding in the company stood at 74.80%, while Institutions and Non-Institutions held 19.45% and 5.75% respectively.
Adani Total Gas (ATGL) and Jio-bp (operating brand of Reliance BP Mobility) have signed an agreement to redefine the auto fuel retail experience for Indian consumers. Under this partnership, select ATGL fuel outlets will offer Jio-bp’s high-performance liquid fuels (petrol and diesel), while select Jio-bp fuel outlets will integrate ATGL’s CNG dispensing units, within ATGL’s authorized Geographical Areas (GA), thus enhancing the supply of high-quality fuels to transport consumers.
The agreement covers both existing and future outlets of both partners. ATGL currently operates a network of around 650 CNG stations, while Jio-bp has a network of around 2000 outlets. This strategic alliance marks a significant milestone in the journey of both companies toward sustainable growth and innovation.
Adani Total Gas specialises in the development of city gas distribution (CGD) networks for the continuous supply of piped natural gas (PNG) and compressed natural gas (CNG).
