Adani Gas shares jump 18% on Total deal
Shares of Adani Gas on Monday zoomed over 18 per cent after French energy giant Total announced acquisition of 37.4 per cent stake in the Gautam Adani-led firm.
The scrip jumped 17.98 per cent to Rs 162.40 on the BSENSE 1.03 %.
At the NSE, it advanced 18.41 per cent to Rs 163.
The gas marketing and distribution company, however, did not reveal the value of the deal.
The announcement comes a year after the two firms announced a 50:50 joint venture to import and retail natural gas.
