Read more about Adani Enterprises becomes second-most valuable Adani Group firm on Business Standard. At 01:34 pm, Adani Enterprises was up 6.5 per cent at Rs 1,683.6, with a market capitalisation (market-cap) of Rs 1.85 trillion, the BSE data shows
Ahead of Market: 12 things that will decide stock action on Tuesday
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Nifty ended at 15,583, managing to cross the crucial level of 15,550 on a closing basis.
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NEW DELHI: Domestic indices on Monday extended last week s gains and rose nearly 1 per cent to hit fresh record highs. Strong buying interest seen in
RIL and private financial stocks boosted investors’ sentiments. Nifty ended at 15,583, managing to cross the crucial level of 15,550 on a closing basis.
Nifty rose for the seventh straight session and formed a bullish candle on the daily chart. Analysts said there is a good chance of Nifty50 further extending these gains and climbing to 15,700 level if it manages to hold the crucial support level of 15,370. Will Nifty continue its upward journey or consolidate a bit in the next few sessions?
Adani Enterprises Ltd updates on recent gas discovery by Adani Welspun Exploration Limited equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Welspun Enterprises announced that its JV with Adani Group, Adani Welspun Exploration (AWEL) struck substantial quantities of gas and condensate at three reservoir levels following the drilling of an exploratory well in the NELP-VII area (MB-OSN-2005/2) in March 2021.
The pay zones and flow rates encountered have exceeded AWEL s initial estimates. Out of the three potential zones identified two objects were tested by Drill Stem Testing (DST) , flowed substantial gas and condensate to surface.
Object -I (3m) a clean sandstone reservoir flowed 9.7 million standard cubic feet per day (mmscfd) of gas along with 378 barrels /day of condensate through a 28/64 choke with a flowing tubing head pressure (FTHP) of 2659 psi. Object -II (15m) another thick clean sandstone reservoir flowed 9.1 mmscfd of gas along with 443 barrels /day of condensate through a 28/64 choke with a FTHP of 2566 psi.