Overview of Adani Total Gas
Adani Total Gas Limited (ATGL) is an Indian energy company that is a subsidiary of the Adani Group. It is the largest natural gas distribution company in India, operating in six states and one union territory. ATGL was incorporated in 1999 and has been involved in the development of gas infrastructure in India. ATGL is responsible for the distribution and marketing of natural gas, as well as providing services related to the exploration, development, and supply of natural gas.
ATGL is the largest natural gas distribution company in India, with more than 7,000 km of pipelines, over 400 CNG stations, and over 5,000 retail outlets. ATGL also has two major projects in the pipeline, namely the Gujarat Gas Pipeline and the Maharashtra Gas Pipeline. ATGL is also involved in the development of a number of other projects, such as the Gujarat Petroleum Gas Pipeline, the Gujarat LNG Project, and the Gujarat Ethylene Pipeline.
Adani Total Gas Share Price
The Adani Total Gas share price today is Rs. 83.25 and has been increasing steadily in the last few months. The share price has seen some volatility over the past year, with a high of Rs. 107.00 and a low of Rs. 67.50. The company’s share price has been trading in a range of Rs. 70 to Rs. 90 since the beginning of 2020.
The Adani Total Gas share price has been supported by strong earnings, which have been driven by strong revenue growth. The company reported a revenue growth of 26% in the quarter ended March 2021, compared to the corresponding quarter of the previous year. The revenue growth was driven by higher sales of natural gas, CNG, and LPG. The company also reported a net profit of Rs. 4.3 billion in the quarter ended March 2021, which is an increase of 22% from the corresponding quarter of the previous year.
Adani Total Gas Share Price NSE India Today
The Adani Total Gas share price today on the National Stock Exchange (NSE) of India is Rs. 83.25. The stock is trading close to its all-time high of Rs. 107.00, which it hit in February of this year. The share price has been driven by strong earnings, as well as expectations of further growth in the natural gas market in India.
The company has a market capitalization of Rs. 174.6 billion and is the fourth-largest company in the natural gas sector in India. The company’s share price has been supported by strong revenue growth, as well as its strong market position. The company is also expected to benefit from the government’s focus on increasing the use of natural gas in India.
Conclusion
Adani Total Gas is the largest natural gas distribution company in India and its share price has been increasing steadily in the last few months. The company’s share price today on the NSE of India is Rs. 83.25 and it is trading close to its all-time high of Rs. 107.00. The company’s share price has been driven by strong revenue growth, as well as its strong market position. The government’s focus on increasing the use of natural gas in India is expected to benefit Adani Total Gas in the long term.
