Adani Total Gas Share Price Gains Over 10%: Check Why It Surged Despite Market Fall
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Adani Total Gas shares jumped over 10 per cent, leaving peers behind as policy boosts and record growth fuel investor optimism.
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Adani Total Gas share price rose more than 10 per cent in early trade on Thursday after a period of consolidation. The stock touched an Intraday high of Rs 580 and as of 09:45, IST, it was trading at Rs 569.55.
Why Adani Total Gas Share Price Jumped Over 10 Per Cent?
The rally in Adani Total Gas (ATGL) share price was driven by a key policy change. The government issued the Natural Gas (Supply Regulation) Order, 2026 on March 9, 2026. This move placed PNG for homes, and CNG for transport under “Priority Sector I”. Global factors also supported the surge. Ongoing tensions in West Asia and disruptions at the Strait of Hormuz tightened LNG supply. Some suppliers even declared force majeure.
Adani Total Gas Financial Performance
On the operational front, the company remains in strong growth mode. CNG volumes rose 17 per cent year-on-year in Q3 2025-26 and 18 per cent over nine months. PNG volumes grew 3 per cent in the quarter and 7 per cent over nine months. ATGL added 18 new CNG stations in the quarter, taking the total to 680. It also expanded its pipeline network to over 8,100 km. The company added around 35,000 new PNG connections in Q3 2025-26 and about 88,000 in nine months. Its domestic PNG consumer base has now crossed 10.5 lakh homes.
Financial performance also remained strong. Revenue rose 17 per cent to Rs 1,631 crore in Q3 2025-26. For the nine-month period, revenue increased 19 per cent to Rs 4,692 crore. EBITDA for the quarter rose 15 per cent to Rs 313 crore. For nine months, EBITDA stood at Rs 916 crore, up 3 per cent.
Adani Total Gas Ltd. is a leading player in India’s clean energy space. It is one of the largest private companies in the City Gas Distribution (CGD) sector. ATGL operates in 53 geographical areas across 125 districts.
The company supplies Piped Natural Gas (PNG) and Compressed Natural Gas (CNG). These services cater to domestic, commercial, industrial and transport sectors.
Adani Total Gas Ltd Share Price
Following the above developments, the share price rose to Rs 569.55, a jump of 10.45 per cent in the early trade. The share also touched an intraday high of Rs 580.00.
Despite these recent gains, the shares of Adani Total Gas Ltd. have underperformed. The share price is down 6.62 per cent on a year-to-date basis and has declined 10.90 per cent over the past year.
Disclaimer: The article is for informational purposes only and not investment advice.