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India`s Adani Total Gas posts bigger Q2 profit on steady CNG demand India's Adani Total Gas posted a bigger profit for the seventh straight quarter on Thursday, aided by higher sales of its compressed natural gas (CNG) amid the government's push for wider use of gas-based vehicles. The company, part of the ports-to-power Adani conglomerate, said its consolidated profit grew 7.5% to 1.87 billion rupees ($22.24 million) in the three months ended Sept. 30. The demand for CNG in India is climbing as the government seeks to cut vehicular pollution an...
India`s Adani Total Gas posts bigger Q2 profit on steady CNG demand
India`s Adani Total Gas posts bigger Q2 profit on steady CNG demand
Source: Reuters
2024-10-24 03:54:24 pm
Adani Total Gas zooms on securing largest global financing in city gas distribution business Adani Total Gas is currently trading at Rs. 832.95, up by 44.35 points or 5.62% from its previous closing of Rs. 788.60 on the BSE. The scrip opened at Rs. 845.00 and has touched a high and low of Rs. 854.65 and Rs. 824.55 respectively. So far 217512 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1259.90 on 08-Dec-2023 and a 52 week low of Rs. 521.95 on 26-Oct-2023. Last one week high and low of the scrip stood...
Adani Total Gas zooms on securing largest global financing in city gas distribution business
Adani Total Gas zooms on securing largest global financing in city gas distribution business
Source: Accord Fintech
2024-09-23 12:13:48 pm
Adani Total Gas secures largest global financing in city gas biz at $375 mn Adani Total Gas Ltd (ATGL) on Friday said it has secured the largest global financing in the city gas distribution business, at $375 million, which will help the company cater to over 200 million people, covering 14 per cent of India's population.  The maiden financing, executed with international lenders, includes an initial commitment of $315 million with an accordion feature to enhance the commitments. Five international lenders, which include BNP Paribas, DBS Bank, Mizuho B...
Adani Total Gas secures largest global financing in city gas biz at $375 mn
Adani Total Gas secures largest global financing in city gas biz at $375 mn
Source: IANS
2024-09-21 08:48:52 am
Adani Group honoured in TIME’s World’s Best Companies of 2024 Leading integrated business conglomerate Adani Group on Friday said it has been featured in TIME magazine’s prestigious ‘World’s Best Companies of 2024’ list.  The list was prepared in collaboration with Statista, a global industry ranking and statistics portal.  Notably, eight out of 11 listed Adani portfolio companies were considered in the evaluation, reflecting a comprehensive performance across the group. The other three listed companies are subsid...
Adani Group honoured in TIME’s World’s Best Companies of 2024
Adani Group honoured in TIME’s World’s Best Companies of 2024
Source: IANS
2024-09-14 09:05:14 am
Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc Leading city gas distribution (CGD) company Adani Total Gas on Monday reported a robust operational and financial performance in the April-June quarter by achieving a 21 per cent EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) growth at Rs 308 crore, on the back of 17 per cent rise in volume. Revenue from operations stood at Rs 1,237 crore -- up 9 per cent (year-on-year) -- while profit after tax (PAT) saw an impressive 20 per cent growth at Rs 177 crore in Q1 FY25. ...
Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc
Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc
Source: IANS
2024-07-29 03:58:10 pm
ICRA upgrades Adani Total Gas to 'AA' with stable outlook Global credit rating agency ICRA on Friday upgraded the rating of Adani Total Gas Ltd (ATGL) to "AA" from "AA-" with a stable outlook.   In a note, the rating agency said that the long-term rating upgrade of ATGL takes into account its improving financial risk profile, which is backed by a continued growth in sales volume that has resulted in a higher scale of operations and better profitability. "The stable outlook reflects ICRA’s expectation of a he...
ICRA upgrades Adani Total Gas to 'AA' with stable outlook
ICRA upgrades Adani Total Gas to 'AA' with stable outlook
Source: IANS
2024-06-01 09:34:18 am
Adani Ports to join Sensex from June 24 after BSE rejig Adani Ports and Special Economic Zone (SEZ) will be included in the S&P BSE Sensex from June 24.  The BSE benchmark will drop from the index on the same day. The Asia Index Pvt. Ltd. on Friday announced the reconstitution results for its indices, effective from June 24. The Adani Ports and Special Economic Zone stock was down 1.83 per cent on Friday at Rs 1,416.90 per share. An IIFL Alternative Research report said earlier this week that Adani Enterprises is expected to r...
Adani Ports to join Sensex from June 24 after BSE rejig
Adani Ports to join Sensex from June 24 after BSE rejig
Source: IANS
2024-05-25 09:06:56 am
Adani Total Gas clocks 27 per cent EBITDA growth in FY24, overall volume up 15 per cent Leading city gas distribution company Adani Total Gas Ltd (ATGL) on Tuesday announced EBITDA of Rs 1,150 crore in FY24 that surged by 27 per cent (year-on-year), with consolidated profit after tax (PAT) at Rs 668 crore which increased by 22 per cent as compared to last fiscal year. Revenue from operations was Rs 4,813 crore as the overall volume went up by 15 per cent in FY24 and 20 per cent in Q4 FY24 (year-on-year), the company said in a statement. "FY24 has been a transformative...
Adani Total Gas clocks 27 per cent EBITDA growth in FY24, overall volume up 15 per cent
Adani Total Gas clocks 27 per cent EBITDA growth in FY24, overall volume up 15 per cent
Source: IANS
2024-05-01 09:12:49 am
Adani Gas subsidiary joins MG Motor India to install charging stations to boost India`s EV goals In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of use and increased accessibility for customers. As part of the collaboration, EV charging stations (60 kW DC) will be installed at designated MG dealerships, to provide value-added services to EV customers nationwide. “Adani TotalEnergies E-Mobility Li...
Adani Gas subsidiary joins MG Motor India to install charging stations to boost India`s EV goals
Adani Gas subsidiary joins MG Motor India to install charging stations to boost India`s EV goals
Source: IANS
2024-04-08 01:34:28 pm
Adani Total Gas shines as its arm commissions operations at phase 1 of Barsana Biogas Plant Adani Total Gas is currently trading at Rs. 967.25, up by 41.80 points or 4.52% from its previous closing of Rs. 925.45 on the BSE. The scrip opened at Rs. 947.00 and has touched a high and low of Rs. 1000.00 and Rs. 944.90 respectively. So far 87663 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1259.90 on 08-Dec-2023 and a 52 week low of Rs. 521.95 on 26-Oct-2023. Last one week high and low of the scrip stood...
Adani Total Gas shines as its arm commissions operations at phase 1 of Barsana Biogas Plant
Adani Total Gas shines as its arm commissions operations at phase 1 of Barsana Biogas Plant
Source: Accord Fintech
2024-04-01 02:23:33 pm
Adani Total Gas commences production at Barsana Biogas Project Ahmedabad, March 31, 2024: Adani TotalEnergies Biomass Limited (ATBL), a wholly- owned subsidiary of Adani Total Gas Limited (ATGL), today said that it has commissioned operations at phase 1 of its Barsana Biogas Plant, located in the Mathura district of Uttar Pradesh.The plant is located in the premises of Shre Mataji Gaushala. The Barsana Biogas Project has three project phases and would attain the overall capacity of 600 tons per day (TPD) of feedstock, generating over 42 TPD of Compres...
Adani Total Gas commences production at Barsana Biogas Project
Adani Total Gas commences production at Barsana Biogas Project
Source: PR Agency
2024-04-01 11:05:37 am
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future  In a bid to create a sustainable and green future, Adani TotalEnergies Biomass Limited (ATBL), a wholly-owned subsidiary of Adani Total Gas Limited (ATGL), on Sunday said it has commissioned operations at phase 1 of its Barsana Biogas Plant, located at Mathura in Uttar Pradesh. This plant will be India’s largest agri waste-based bio-CNG plant after reaching full design capacity at phase 3. The project cost for all three project phases for the Barsana Biogas plant would be in...
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
Source: IANS
2024-04-01 09:54:45 am
Mahindra inks pact with Adani Total Energies for expanding EV charging infra Leading SUV maker Mahindra & Mahindra on Thursday announced the signing of a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Limited (ATEL) for expanding the EV charging infrastructure in the country. “The MoU between Mahindra and ATEL, a wholly-owned subsidiary of Adani Total Gas Limited, sets a roadmap for the creation of an expansive EV charging infrastructure across the country. With this association, the XUV400 customers will now have access to more th...
Mahindra inks pact with Adani Total Energies for expanding EV charging infra
Mahindra inks pact with Adani Total Energies for expanding EV charging infra
Source: IANS
2024-03-22 09:00:45 am
India Adani Group`s dollar bonds, shares tumble on US probe report Most dollar bonds of Adani Group companies fell to their lowest level in two months on Monday following a report indicating that U.S. prosecutors have widened their investigation of the conglomerate to examine potential bribery. Shares of all 10 group and related companies also fell over 5% in early trading in India, with Adani Total Gas leading the decline. Bond prices fell, resulting in a 38 basis points increase in the yield on a note from Adani Ports & Special Economic Zone due ...
India Adani Group`s dollar bonds, shares tumble on US probe report
India Adani Group`s dollar bonds, shares tumble on US probe report
Source: Reuters
2024-03-18 10:50:21 am
Adani Portfolio posts record 63.6 per cent profit growth, sets stage for unrivalled green investments The Adani Portfolio of companies on Thursday reported a record quarterly profit growth of 63.6 per cent (year-on-year), as trailing 12-month EBITDA (as of December 2023) stood at Rs 78,823 crore ($9.5 billion), which is 2.5 times the EBITDA in FY21 and 37.8 per cent higher than FY23 EBITDA. The company said that high liquidity is maintained with a healthy cash balance of Rs 44,572 crore ($5.4 billion) at the end of December 31, 2023. The core infrastructure platform generated Rs 66,208 ...
Adani Portfolio posts record 63.6 per cent profit growth, sets stage for unrivalled green investments
Adani Portfolio posts record 63.6 per cent profit growth, sets stage for unrivalled green investments
Source: IANS
2024-03-01 09:56:28 am
Indian Oil-Adani Gas JV to invest $300 million to double gas sales IndianOil-Adani Gas Pvt Ltd will invest 25 billion rupees ($301.24 million) over four years as it looks to double gas sales to small industries and households in India, a company executive said on Friday. The company, an equal joint venture of refiner Indian Oil Corp and Adani Total Gas, daily sells about one million standard cubic metres of gas through its 300 retail outlets, said S.K. Jha, a director in the joint venture. Jha also heads the city gas distribution business of IndianOil ...
Indian Oil-Adani Gas JV to invest $300 million to double gas sales
Indian Oil-Adani Gas JV to invest $300 million to double gas sales
Source: Reuters
2024-02-09 11:57:30 am
Adani Total Gas gains on entering into mutual support agreement with INOX India Adani Total Gas is currently trading at Rs. 998.00, up by 8.25 points or 0.83% from its previous closing of Rs. 989.75 on the BSE. The scrip opened at Rs. 1000.15 and has touched a high and low of Rs. 1017.90 and Rs. 987.05 respectively. So far 154128 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1544.70 on 06-Feb-2023 and a 52 week low of Rs. 521.95 on 26-Oct-2023. Last one week high and low of the scrip stoo...
Adani Total Gas gains on entering into mutual support agreement with INOX India
Adani Total Gas gains on entering into mutual support agreement with INOX India
Source: Accord Fintech
2024-02-06 01:38:27 pm
Adani Total Gas inks pact with INOXCVA to strengthen LNG ecosystem in India  Adani Total Gas Ltd (ATGL), India's leading city gas distribution company and INOX India Ltd (INOXCVA), one of the world's leading cryogenic liquid storage, have joined hands for boosting the LNG ecosystem in the country. The two leading firms entered into a mutual support agreement, under which ATGL and INOXCVA shall mutually accord a "preferred partner" status for the delivery of LNG and LCNG equipment and services for identifying and exploring possible collaborat...
Adani Total Gas inks pact with INOXCVA to strengthen LNG ecosystem in India
Adani Total Gas inks pact with INOXCVA to strengthen LNG ecosystem in India
Source: IANS
2024-02-06 10:44:31 am
Adani Total Gas trades higher on the BSE Adani Total Gas is currently trading at Rs. 737.30, up by 93.15 points or 14.46% from its previous closing of Rs. 644.15 on the BSE. The scrip opened at Rs. 701.00 and has touched a high and low of Rs. 760.00 and Rs. 695.25 respectively. So far 468042 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3998.35 on 23-Jan-2023 and a 52 week low of Rs. 521.95 on 26-Oct-2023. Last one week high and low of the scrip stoo...
Adani Total Gas trades higher on the BSE
Adani Total Gas trades higher on the BSE
Source: Accord Fintech
2023-11-29 11:20:35 am