Page 2 - Adani Total Gas Ltd News
Adani Total Gas shares rebound 12% after 4-day rout; outperforms market
Other gas stocks traded mixed on Thursday. Indraprastha Gas Ltd. slipped nearly 1 per cent, while Mahanagar Gas Ltd. rose 1.5 per cent.
 "Adani Total Gas shares rebound 12% after 4-day rout; outperforms market")
Adani Total Gas cuts natural gas price for certain industrial users
Adani Total Gas Ltd has cut the price of excess natural gas supplied to certain industrial customers to Rs 82.95 per standard cubic metre (SCM) from Rs 119.90 per SCM, effective 0600 hours on March 16, as upstream gas prices softened amid ongoing supply disruptions. The city gas joint venture of Adani Group and France's Total Energies said the revision aims to pass on the benefit of lower upstream prices to customers while maintaining system stability and equitable distribution of gas during the current supply constraints. Following the disruption in India's LNG supplies due to the halt in the movement of ships through the Strait of Hormuz as a fallout of the war in West Asia, ATGL had asked commercial and industrial customers to curtail consumption to 40 per cent of their contracted volumes. Spot market rates were applied to consumption beyond this threshold. Rates for this segment have not been cut. "We are pleased to inform you that the Excess Gas Price as informed vide our ...
Chart check: Adani Total Gas above 200-DMA; should you buy, sell or hold?
Market strategist Anand James of Geojit highlights that in the past ATGL stock reversed sharply after crossing the 200-DMA, therefore, one should be cautiously positive with a stop at ₹580.
 "Chart check: Adani Total Gas above 200-DMA; should you buy, sell or hold?")
Energy shares gain in weak markets amid crude spike; Nifty Energy up 2%
As many as 34 out of the 40 constituent stocks were trading in the green, while six were in the red
 "Energy shares gain in weak markets amid crude spike; Nifty Energy up 2%")
Adani Total Gas shares soar 15% in weak market; stock up 35% in 3 sessions
Adani Total Gas said the supply disruption has affected deliveries to certain industrial consumers as suppliers reduced gas availability amid the evolving geopolitical situation.
Adani Total Gas soars 18% on heavy volumes in weak market; here's why
The average trading volumes on the ATGL counter jumped over 20-fold with a combined 16.44 million equity shares changing hands on the NSE and BSE till 01:16 PM.
Petronet LNG, IGL, GAIL jump up to 6% on Iran war easing hopes
US President Donald Trump said the war against Iran was "very complete", adding that the US is considering taking control of the Strait of Hormuz
 "Petronet LNG, IGL, GAIL jump up to 6% on Iran war easing hopes")
LNG supply fears hit gas stocks; GAIL, Petronet LNG, Gujarat Gas tumble 5%
The rising concerns over the prolonged closure of the Strait of Hormuz have raised fears of a liquefied natural gas (LNG) shortage
 "LNG supply fears hit gas stocks; GAIL, Petronet LNG, Gujarat Gas tumble 5%")
Adani Total Gas hikes industrial prices amid conflict in West Asia
As a result of the attacks on Iran and Tehran's retaliatory strikes, transit through the Strait of Hormuz between Iran and Oman, which carries around one-fifth of oil consumed globally
Transit shock! Why Kotak Sec has sell on OMCs, Petronet LNG, IGL, MGL?
The Islamic Revolutionary Guard Corps (IRGC) has announced the closure of the Strait of Hormuz (SoH), warning that any vessel attempting to transit the waterway would be targeted
 "Transit shock! Why Kotak Sec has sell on OMCs, Petronet LNG, IGL, MGL?")