Adani Total Gas Share Price Up 13%, Hits Nearly One-Month High: Here's Why

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Adani Total Gas Share Price Up 13%, Hits Nearly One-Month High: Here's Why

Adani Total Gas Limited (ATGL) shares jumped 13.08 per cent following a price hike for industrial clients due to reduced LNG supply from the Middle East. The stock reached Rs 534.25, with supply concerns from Qatar driving investor sentiment.

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Boosting prices for industrial customers can help protect margins in a tight supply situation, which investors may view positively for future profitability.

All major gas companies traded higher on Wednesday as energy prices rose due to supply disruptions in the global LNG market. Concerns over reduced gas availability from key exporters and rising industrial demand pushed shares up in early trade.

Following this, ATGL share price moved higher earlier in the day. As of March 11, 2026, at 10:06 IST, the company’s shares were trading at Rs 534.25, up Rs 61.80 or 13.08 per cent for the day.

Why Did the Adani Total Gas Share Price Jump on Wednesday?

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The rise in Adani Total Gas Limited share price is due to supply problems arising due to the ongoing conflict in the Middle East. Attacks on Iran and retaliatory strikes have affected shipping through the Strait of Hormuz between Iran and Oman.

Qatar has also stopped LNG production because of the conflict in West Asia. This has reduced gas supplies to India. Qatar shut down production at the world’s largest LNG export facility after it was hit by an Iranian drone attack. India imports around 40 per cent of its LNG from Qatar.

Following these events, ATGL increased gas prices. More than 40 per cent of the daily contract quantity is now priced at Rs 119 per standard cubic metre. The company described the adjustment as necessary because of disruptions to liquefied natural gas supply routes.

Adani Total Gas Share Price Performance

The Adani Total Gas share opened at Rs 479.00 and moved between a low of Rs 474.90 and a high of Rs 544.00 during the day, almost touching a one-month high. The volume-weighted average price (VWAP) stood at Rs 532.25.

A total of 59.44 lakh shares were traded, with a traded value of Rs 316.62 crore.

Year-to-date returns for the stock are -9.74 per cent, while the one-year returns stand at -10.21 per cent.

 

Disclaimer: The article is for informational purposes only and not investment advice.