ADANIGAS Ltd.

150.25.00INR + 1.45 (+ 0.97%) VOLUME : 1203000
    Average Volume
  • 5-Day 2,518,200.00
  • 20-Day 1,435,856.93
  • 3-Months 1,435,856.93

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
18-Oct-19 149.80 153.45 149.60 150.25 151.00 1,207,003 38% 137.13 142.76 153.63 133.38
17-Oct-19 146.20 153.55 146.05 148.90 148.80 1,786,496 31% 136.50 142.79 153.45 133.12
16-Oct-19 152.10 152.30 148.00 148.15 148.40 729,488 46% 136.03 142.88 153.28 132.87
15-Oct-19 154.80 155.70 150.10 152.00 151.55 1,819,063 30% 135.65 143.06 153.10 132.65
14-Oct-19 163.00 163.00 148.80 150.70 150.75 7,049,507 29% 135.24 143.22 152.74 132.40
11-Oct-19 139.05 142.00 137.10 137.75 137.65 699,218 35% 134.60 143.43 152.38 132.18
10-Oct-19 138.00 142.95 136.80 138.80 138.50 1,889,479 39% 134.60 143.88 152.19 131.99

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 149.60 151.90
11 AM 149.60 151.90
12 PM 149.60 153.45
1 PM 149.60 153.45
2 PM 149.60 153.45

Company Profile - ADANIGAS Ltd.

ADANIGAS

It was incorporated in 2005, and it is in the city gas distribution (or CGD) business that involves marketing as well as the distribution of natural gas (both piped and compressed). Currently, it supplies piped natural gas (or PNG) to commercial, industrial, domestic customers and the compressed natural gas (or CNG) to transport sector in the areas of Faridabad, Ahmedabad, and Vadodara. Recently, it also started its operations in Khurja (in Uttar Pradesh). It has also set-up pipeline infrastructure in the cities of Udaipur, Noida, Jaipur, and Lucknow based on the recently issued State Governments’ NOC. Moreover, its permissions for operations in such cities remain sub-judice. In Financial Year 2018, it also reported a net profit of INR 172.9 crore on an operating income of about INR 1,301.5 crore, as compared to a net profit of INR 101.2 crore on an operating income of INR 1,091.3 crore in the previous year. It supplies natural gas, which is a c ... onvenient, reliable, and environment-friendly fuel, and it also allows its consumers to enjoy a high level of safety, economic efficiency, and convenience. It also set up city gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in UP. Besides, the development of Chandigarh, Allahabad, Ernakulam, Panipat, Daman, Udhamsingh Nagar, and Dharwad gas distribution was also awarded to a consortium of Adani Gas Ltd as well as Indian Oil Corporation Ltd.

The Business Divisions of the Company:

  • Domestic PNG
  • Industrial PNG
  • Commercial PNG
  • Adani PNG

Some of the Milestones:

  • It has expanded its CGD networks in 13 geographical areas (or GAs) and is becoming the largest private CGD player in India.
  • The company, along with its several joint ventures with IOC or Indian Oil Corporation, is being authorized to develop a CGD network in about 35 GAs.
  • Also, in line, along with the Government’s vision of making the natural gas as a prominent part of India’s energy strategy, the Honourable Prime Minister laid the foundation of CGD projects in about 65 GAs as of 22nd November 2018.
  • The Company is also set to generate significant employment.