Tripartite Agreement with GAIL and Gujarat Gas for CBG transport

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+43.5%1-day move

₹71.55

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+43.5+28.0+22.7+19.5+25.1+18.8+7.6+11.8+4.6-1.9

Up moveDown movePending

AI summary

Rudra Gas Enterprise will enter a Tripartite Agreement with GAIL (India) and Gujarat Gas Limited to transport Compressed Bio Gas (CBG) to Gujarat Gas retail outlets via own carriers, pipeline, or compression methods. The agreement runs till 31.12.2047 with monthly billing of ~₹1 Crore. Terms are still being finalized. No related party or promoter interest.

Likely market impact

Long-term CBG transport contract with marquee gas names. ~₹12 Cr/year revenue visibility. Definitive terms yet to be executed.