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Recommendation From Cement Sector

Recommendation From Cement Sector

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This section gives a recommendation of a stock having stock price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon.  

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Adani Total Gas & Torrent Gas buy 5 per cent stake each in Indian Energy Exchange

Apurva Joshi / Article rating: 3.0

The Indian Energy Exchange (IEX) has informed the bourses about its first strategic divestment of shares in the Indian Gas Exchange (IGX), its wholly owned subsidiary. Adani Total Gas Ltd and Torrent Gas Pvt. Ltd, India’s two leading energy players with stakes in both upstream and downstream hydrocarbon value chain, have acquired 5 per cent equity stake each in the IGX.

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