Hot Pursuit     26-Jun-24
Adani Total Gas gains after PNGRB nod to establish gas distribution network in Jalandhar City
Adani Total Gas rose 1.69% to Rs 905.95 after the company received an approval from the Petroleum and Natural Gas Regulatory Board (PNGRB) to establish and operate a City Gas Distribution Network in Jalandhar GA (geographical areas), Punjab.
PNGRB approval was an essential condition precedent in the Business Transfer Agreement (BTA). With Jalandhar GA, the company now has 34 GAs and enables the company to have its footprint in the state of Punjab, in the gas distribution business to serve the consumers.

Adani Total Gas is one of India's leading private players in developing city gas distribution (CGD) networks to supply piped natural gas (PNG) to industrial, commercial, domestic (residential) customers and compressed natural gas (CNG) to the transport sector.

The natural gas distribution company’s standalone net profit jumped 58.6% to Rs 165.34 crore in Q4 FY24 as against Rs 104.25 crore recorded in Q4 FY23. Revenue from operations (excluding excise duty) rose 4.61% year on year (YoY) to Rs 1,165.95 crore in the quarter ended 31 March 2024.

Previous News
  Adani Total Gas
 ( Results - Analysis 01-May-24   13:26 )
  Adani Total Gas Ltd leads gainers in 'A' group
 ( Hot Pursuit - 06-Dec-23   12:00 )
  Adani Total Gas Q1 PAT rises 7% YoY to Rs 148 cr
 ( Hot Pursuit - 02-Aug-23   11:50 )
  Volumes soar at Poly Medicure Ltd counter
 ( Hot Pursuit - 01-Mar-23   14:30 )
  Adani Total Gas to hold AGM
 ( Corporate News - 30-Apr-24   18:50 )
  Adani Total Gas
 ( Results - Analysis 11-Feb-23   16:03 )
  Adani Total Gas inks MoU with Shigan Quantum Technologies
 ( Hot Pursuit - 03-Jan-24   15:07 )
  Adani Total Gas
 ( Results - Analysis 01-Nov-23   12:24 )
  Zensar Technologies Ltd leads losers in 'A' group
 ( Hot Pursuit - 16-May-23   15:00 )
  Adani Green Energy Ltd leads losers in 'A' group
 ( Hot Pursuit - 30-Jan-23   15:00 )
  Board of Adani Total Gas recommends final dividend
 ( Corporate News - 30-Apr-24   18:39 )
Other Stories
  Volumes soar at Godrej Consumer Products Ltd counter
  04-Jul-24   11:00
  GE T&D India hits after bagging supply contract from France-based Grid Solutions
  04-Jul-24   10:13
  Bajaj Finance new loans climb 10% YoY in Q1 FY25
  04-Jul-24   10:04
  Bandhan Bank deposits rise 22% YoY in Q1 FY25
  04-Jul-24   10:03
  Information Technology stocks edge higher
  04-Jul-24   10:00
  Utilties shares gain
  04-Jul-24   10:00
  Auto shares gain
  04-Jul-24   10:00
  Brigade Enterprises edges higher after signing JDA for Rs 1100-cr residential project in Bengaluru
  04-Jul-24   09:48
  Hindalco Industries Ltd Spikes 1.79%
  04-Jul-24   09:30
  Cochin Shipyard's director (finance), Jose V J gets tenure extension from Govt
  04-Jul-24   08:46
Back Top