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.
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."