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Stocks in Focus on June 14: Adani Gas, Wockhardt to Union Bank; here are the 5 newsmakers of the day

Stocks in Focus on June 14: Adani Gas, Wockhardt to Union Bank; here are the 5 newsmakers of the day

Fri, Jun 14, 2019

There were certain stocks that came in news after the market was closed yesterday and can impact the indices once they reopen for trading purposes today.

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French energy giant Total SA to buy 30 pct share in Adani Gas

French energy giant Total SA to buy 30 pct share in Adani Gas

Fri, Jun 14, 2019

French energy giant Total SA is close to acquiring a 30% stake in Indian gas distribution company Adani Gas for upwards of rupees 5,500 crore ($800 million), the Times of India reported.

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Adani Gas net up 13 pc in Dec quarter on strong volume growth

Adani Gas net up 13 pc in Dec quarter on strong volume growth

Thu, Feb 14, 2019

During the April-December 2018 period, the company reported a net profit of Rs 152.94 crore on a revenue of Rs 1,329.32 crore. It had a net profit of Rs 122.32 crore on a revenue of Rs 990.26 crore in the corresponding period of the previous fiscal.

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Gas retailing bids: Adani goes for 52 cities, GAIL Gas eyes 30; RIL-BP JV skips

Gas retailing bids: Adani goes for 52 cities, GAIL Gas eyes 30; RIL-BP JV skips

Tue, Jul 10, 2018

Adani Gas Ltd bid for 32 cities on its own and another 20 cities in equal joint venture with state-owned Indian Oil Corp (IOC). Bidding for the biggest city gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 174 districts in 22 states and union territories, closed today. India Gas Solutions Pvt Ltd -- the 50:50 JV of UK's BP plc and Reliance Industries, looked very closely to foray into city gas distribution but dropped out at the last moment, they said.

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