ONGC, Oil India, IOC shares rise up to 2% as govt scraps windfall tax on domestic crude
The central government on Tuesday cut the windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18.
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Gautam Adani’s Infra Bet Pays Off
Adani Group chairman balances core sector investment and deleveraging following the Hindenburg meltdown.
Adani Total Gas FY24 profit surges 23% at ₹653 cr; revenue up 3%
For FY24, EBITDA stood at ₹1,150 crore, a growth of 27% YoY, driven by higher volume and opex optimisation.
Adani Total Gas starts production at Barsana biogas project; stock jumps 8%
Adani TotalEnergies Biomass, a subsidiary of Adani Total Gas, has begun operations at phase 1 of its Barsana Biogas Plant, located in UP.
All Adani stocks in red on report of U.S. probe; Adani Total Gas, Adani Energy top losers
Adani group stocks fell in the range of 2-8% amid a report that the U.S. government widened its probe against the conglomerate over suspicions of bribery.
Oil stocks tank up to 8% after cut in petrol, diesel prices; HPCL, BPCL, IOCL, GAIL, ONGC lead fall
OMCs have slashed petrol and diesel prices across the country by ₹2 per litre for the first time in two years since April 2022.
City gas distributors' shares tank up to 17%; MGL, IGL, Gujarat Gas lead fall
Mahanagar Gas on Tuesday cut CNG prices by ₹2.5 per kg to ₹73.50 per kg, citing dip in gas input costs.
Adani Total Gas teams up with INOXCVA for LNG delivery; stock rises
ATGL and INOXCVA will mutually accord a “preferred partner” status for the delivery of LNG and LCNG equipment and services.
Adani stocks surge up to 20% after SC hearing; m-cap crosses ₹11 lakh cr mark
Adani Total Gas shares touched its 20% upper circuit limit, while Adani Energy Solutions, Adani Power, Adani Enterprises, NDTV, Adani Green rose between 10-19%.
Adani Total Gas shares rise post Q2; surge 7% in four sessions
For Q2 FY24, ATGL reported 8% YoY rise in consolidated net profit at ₹173 crore, while revenue from operations dropped 1% to ₹1,179 crore.
