"adani-total-gas"

IOC, BPCL, and HPCL currently control over 90 per cent of India’s 97,366 petrol pumps and lead the city gas market as well

Shares of Ambuja Cements up by 2.90%, Sanghi Industries 2.44%, Adani Ports 2.25%, Adani Wilmar 2.24%

The stock of Adani Total Gas soared 18.58 per cent, Adani Power zoomed 11.44 per cent, Adani Energy Solutions jumped 9.99 per cent

Adani Enterprises opened on a weak note at Rs 1,597.95, then fell further to Rs 1,433.60, registering a fall of 9.50 per cent over its previous close. It was later trading at Rs 1480.65, down 6.54 per cent on BSE.

Gas utility GAIL has picked up 5 per cent equity stake in the Indian Gas Exchange (IGX)

Speaking on the development, Rajesh K Mediratta, director, IGX said in the statement, "IGX envisions to play a key role in the development of India's gas market which is aligned with the government's vision to increase the share of gas in the energy mix from 6 per cent to 15 per cent by 2030."