Adani Total Gas
ATGL is a flagship Adani Group company engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users. It is promoted by Adani Group and Total Energy each having 37.4% stake in the company.
Compressed Bio gas plant
ATGL has commenced production at its inaugural compressed bio-gas (CBG) plant, the Barsana Biogas Project, in Uttar Pradesh. This plant is designed to process up to 600 tonnes of agricultural waste per day across its three phases, producing over 42 tonnes per day of CBG and 217 tonnes of organic fertiliser upon full completion.
EV Charging Infra
Company is actively engaged in expanding its presence in the Electric Vehicle (EV) Charging with an installed capacity of 6.6 MW across 329 charging points spread across 10 states in India. Additionally, it has over 1050 charging points under construction.
Good Q4FY24 numbers
Company reported PAT of 168Cr vs 98Cr up by 71% YoY. Sales number was at 1167Cr vs 1056Cr.
Considering the CAPEX by company and the air around Adani group stocks due to elections we expect sharp rally in this counter.
ATGL is a flagship Adani Group company engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users. It is promoted by Adani Group and Total Energy each having 37.4% stake in the company.
Compressed Bio gas plant
ATGL has commenced production at its inaugural compressed bio-gas (CBG) plant, the Barsana Biogas Project, in Uttar Pradesh. This plant is designed to process up to 600 tonnes of agricultural waste per day across its three phases, producing over 42 tonnes per day of CBG and 217 tonnes of organic fertiliser upon full completion.
EV Charging Infra
Company is actively engaged in expanding its presence in the Electric Vehicle (EV) Charging with an installed capacity of 6.6 MW across 329 charging points spread across 10 states in India. Additionally, it has over 1050 charging points under construction.
Good Q4FY24 numbers
Company reported PAT of 168Cr vs 98Cr up by 71% YoY. Sales number was at 1167Cr vs 1056Cr.
Considering the CAPEX by company and the air around Adani group stocks due to elections we expect sharp rally in this counter.