Adani Total Gas Ltd forays into Compressed Bio-Gas Business

Adani Total Gas Limited has signed a definitive Agreement with Shri Mataji Gauvansh Seva Sansthan, a Charitable Trust on 8th October, 2021 for exclusively collaborating on the establishment of a bio-conversion plant with a design capacity of about three hundred and fifty (350) tonnes per day of feed processing at Barsana, Mathura, Uttar Pradesh based on cattle dung as the primary biomass along with other bio mass including napier grass, press mud, etc.

With this collaboration, the Company has for the first time forayed into Compressed Bio-Gas (CBG) Business. The plant will also generate solid and liquid fermented organic manure.

Shares of Adani Total Gas Limited was last trading in BSE at Rs. 1390.95 as compared to the previous close of Rs. 1412.95. The total number of shares traded during the day was 12249 in over 815 trades.

The stock hit an intraday high of Rs. 1425.00 and intraday low of 1351.10. The net turnover during the day was Rs. 17069205.00.

Shares of Adani Total Gas Limited was last trading in NSE at Rs. 1394.10 as compared to the previous close of Rs. 1425.20. The total number of shares traded during the day was 473089 in over 7283 trades.

The stock hit an intraday high of Rs. 1424.00 and intraday low of 1358.00. The total traded value during the day was Rs. 658476805.40.

Source : Equity Bulls

Keywords

AdaniTotalGas INE399L01023 ATGL IntegratedOilandGas CompressedBioGas