Adani Total Gas Shares Drop After Price Cut for Industrial Users Adani Total Gas (ATGL.NS) shares fell sharply on March 17 as the company reduced its excess gas price for industrial users to ₹82.95 per standard cubic meter (SCM), down from ₹119.90. The price cut, which represents a 30% reduction, followed softer upstream pricing amid supply constraints in West Asia. The stock closed at ₹522.05, down 7.75%, extending a two-day decline of about 13% after a previous rally. Analysts suggest the move aims to stabilize allocations while maintaining industrial demand. The price adjustment aligns with declining upstream costs and tighter global supply conditions in the region. While the cut may support volumes in sectors like Morbi ceramics and Surat textiles, it could also compress near-term industrial margins. Allocations appear more stable, potentially reducing reliance on spot markets and mitigating volatility. However, the stock’s sharp decline reflects cautious sentiment, with traders closely monitoring further price changes or supply-related news. Technical indicators show the stock trading near key levels. The intraday low reached ₹514.10, while the high hit ₹604.30. The relative strength index (RSI) at 49.18 indicates a neutral stance, with resistance near the 50-day moving average at ₹531.35 and the 200-day moving average at ₹598.68. Bollinger mid-band near ₹518.23 acts as a pivot, with support levels around ₹518 and ₹505. The stock’s high trading volume—1.83 crore shares versus an average of 23.11 lakh—signals strong participation, though elevated daily swings and a strong ADX reading of 30.75 suggest continued volatility. Fundamentally, the company’s trailing twelve months (TTM) earnings per share (EPS) stand at ₹5.83, with a price-to-earnings (P/E) ratio of 89.55. Net margins are at 11.#west_asia #adani_total_gas #morbi_ceramics #surat_textiles #industrial_users
Adani-Total Gas cuts price for certain industrial users Adani Total Gas Ltd has reduced the price of excess natural gas supplied to specific industrial customers, lowering the rate from Rs 119.90 per standard cubic metre (SCM) to Rs 82.95 per SCM. The adjustment, effective from 0600 hours on March 16, 2026, follows a decline in upstream gas prices amid ongoing supply disruptions. The company stated the change aims to pass on cost savings to customers while ensuring system stability and equitable gas distribution during current supply constraints. The price cut comes after India’s liquefied natural gas (LNG) supplies faced disruptions due to the halt in ship movements through the Strait of Hormuz, a consequence of the war in West Asia. This led to requests for commercial and industrial users to reduce consumption to 40 per cent of their contracted volumes. While the revised pricing applies to excess gas, rates for the standard segment remain unchanged. In a communication to users, Adani Total Gas noted the revised excess gas price, which was previously announced on March 3, 2026. The company emphasized its commitment to balancing cost reductions with maintaining operational stability. The decision reflects the broader impact of global supply chain challenges on energy pricing and distribution in India. The move underscores the company’s efforts to mitigate the effects of upstream cost reductions while addressing the immediate challenges posed by LNG supply constraints. It also highlights the interconnectedness of regional geopolitical events with energy markets, as disruptions in key shipping routes directly influence pricing and availability for industrial consumers.#india #natural_gas #strait_of_hormuz #west_asia #adani_total_gas
Adani Total Gas Reduces Excess Gas Price For Industries By Nearly 30% Adani Total Gas Limited announced a significant reduction in the price of excess natural gas supplied to industrial customers, lowering the rate from Rs 119.90 per standard cubic metre (SCM) to Rs 82.95 per SCM. The revised pricing will take effect from 6:00 am on March 16. The company attributed the adjustment to declining upstream gas prices, which have softened amid ongoing supply disruptions linked to the West Asia crisis. The price cut is part of Adani Total Gas’s efforts to pass on cost savings to customers while maintaining stable gas distribution during current supply constraints. Earlier this year, the company had requested industrial and commercial users to limit their gas consumption to 40% of contracted volumes following disruptions in India’s liquefied natural gas (LNG) supplies. These disruptions were caused by the halt in ship movements through the Strait of Hormuz due to the ongoing conflict in the region. Customers exceeding this limit were previously charged spot market rates for additional gas usage. Despite the price reduction for excess gas, Adani Total Gas stated that other terms related to excess supply remain unchanged. The company emphasized that the revision reflects the decline in upstream gas prices while ensuring system stability amid ongoing supply challenges. It also mentioned seeking clarification from GAIL (India) Ltd regarding the 80% supply allocation to industrial customers under existing agreements. In a separate development, Adani Total Gas decided not to raise prices for compressed natural gas (CNG) and piped cooking gas supplied to households, despite supply challenges.#strait_of_hormuz #adani_total_gas #totalenergies #adani_group #gail_india_ltd
Adani Total Gas’s Stock Surge Amid Gas Crisis, Forest Essentials’ Acquisition, and AI’s Impact on Digital Marketing India’s gas supply crisis has left many city gas distributors struggling, yet Adani Total Gas’s stock has surged, defying expectations. Despite the Strait of Hormuz being nearly closed due to the US-Israel-Iran conflict, which has disrupted gas imports, the company’s shares climbed nearly 30% in recent sessions. Analysts suggest misplaced optimism over government policies to address the natural-gas shortage may be driving the rally, though the situation remains unclear. Forest Essentials, an Indian Ayurvedic beauty brand, has found a major suitor in Estée Lauder. The acquisition marks a strategic move for the global beauty giant to strengthen its foothold in India’s growing luxury market. Forest Essentials, founded in 2001, built its success through slow, deliberate expansion and minimal marketing, proving that patience can yield profitability in a competitive sector. A startup, Vaikhari AI, has exposed vulnerabilities in language models by ranking them and revealing how they confidently invent relationships. The findings highlight a critical flaw in AI development, urging Indian tech builders to prioritize accuracy over speed. Meanwhile, the rise of AI agents is reshaping India’s digital landscape, with events like Zero Shot exploring how these tools could redefine internet interactions. Sedemac Mechatronics, an IIT-B-backed tech firm, is opening its operations to public markets after a successful private funding round. The company’s decision to go public aims to attract both investors and aspiring startups, offering transparency and access to its innovative engineering processes.#adani_total_gas #forest_essentials #vaikhari_ai #sedemac_mechatronics #healthifyme
Energy shares gain in weak markets amid crude spike; Nifty Energy up 2% Shares of energy-related stocks saw significant gains on Thursday as crude oil prices rose, despite broader market weakness. The NSE Energy index, which tracks 40 energy sector stocks, surged by 2.14% to reach an intraday high of 36,914. This outperformed the benchmark Nifty50 index, which fell by 0.51% to 23,746. Thirty-four of the 40 energy stocks in the index closed in positive territory, while six ended lower. Adani Total Gas led the gains with a 9.52% rise, followed by NLC India and JSW Energy, both up around 8%. Other notable performers included Adani Power, Reliance Power, Jaiprakash Power Ventures, BHEL, Torrent Power, and Tata Power, all climbing over 5%. Coal India rose nearly 4%, and NTPC gained nearly 2%. Adani Green Energy also climbed about 2%, while Reliance Industries, India’s largest company by market cap, rose 1.29%. In contrast, several energy stocks fell, including Oil India, ONGC, GE Vernova T&D India, Power India, Siemens Energy India, and Thermax, which dropped up to 3%. The government stated that coal stocks in the country are sufficient to meet demand, with coal production and supply exceeding consumption this year. It reported that coal stocks at thermal power plants and mines totaled around 210 million tonnes, enough for 88 days. The Ministry of Coal highlighted that 6 million tonnes of coal are available at Singareni Collieries, over 15 million tonnes at commercial mines, and 14 million tonnes in transit. Thermal power plants held 54 million tonnes of coal, sufficient for 24 days at current consumption rates. The ministry also noted a 14% increase in coal supply to the non-regulated sector compared to the previous year.#adani_total_gas #coal_india #adani_power #jsw_energy #nifty_energy
Gas Stocks Surge 18% Amid Supply Worries in India Gas-related stocks experienced a significant rally on Wednesday, with Adani Total Gas leading the gains. The company's shares rose as much as 18%, hitting an intraday high of ₹561. Gujarat Gas also saw a sharp increase, climbing 12% to ₹420 during the trading session. Other gas-linked firms, including Petronet LNG, GAIL (India), Indraprastha Gas (IGL), and Mahanagar Gas (MGL), recorded gains exceeding 2% in response to heightened market concerns. The surge in gas stocks is linked to growing anxieties over supply disruptions in the region. The ongoing conflict between Iran and the Israel-US alliance has begun to affect India's energy market, particularly its natural gas and liquefied petroleum gas (LPG) supplies. Disruptions in shipments through the Strait of Hormuz, a critical global energy transit route, have tightened supply chains. Increased security risks for tanker movements have led several international suppliers to issue force majeure notices, citing operational challenges. India relies heavily on imported gas to meet domestic demand, making it vulnerable to such disruptions. In response to the escalating situation, the Indian government has introduced the Natural Gas (Supply Regulation) Order 2026. This directive prioritizes the production and allocation of piped natural gas (PNG), compressed natural gas (CNG), and LPG to ensure stability in the domestic market. The order also invokes the Essential Commodities Act of 1955 (ESMA) to safeguard uninterrupted access to cooking gas. Under the new measures, refineries and petrochemical units have been instructed to maximize LPG output and redirect key hydrocarbon resources to the LPG supply chain. The government's actions aim to mitigate the impact of supply shortages and stabilize prices for consumers.#adani_total_gas #gujarat_gas #petronet_lng #gail_india #indraprastha_gas
Adani Total Gas highlights government prioritization of domestic piped natural gas and transport compressed natural gas under a new regulatory order Adani Total Gas Limited announced that domestic piped natural gas (PNG) and compressed natural gas (CNG) for transportation have been given priority under a recent government directive, despite ongoing supply challenges caused by geopolitical tensions in the Middle East. The company stated that some of its gas suppliers have reduced deliveries, impacting its ability to meet industrial customer demands. The government’s Natural Gas (Supply Regulation) Order, 2026, issued by the Ministry of Petroleum and Natural Gas on March 9, allocates priority to domestic PNG and CNG for transport, ensuring households and transportation sectors receive first access to supplies. The company welcomed the government’s decision to prioritize gas distribution for domestic use, emphasizing its appreciation for the regulatory measures aimed at securing supply for essential sectors. Adani Total Gas noted that while the new order addresses immediate needs, it also acknowledges the constraints faced by industrial customers, who are now receiving a percentage of their previous consumption levels, subject to availability. The government has indicated it may need to curtail supplies to certain facilities to manage the current shortages. The move comes amid escalating tensions in the Middle East, which have disrupted gas supply chains and created uncertainty for energy companies. Adani Total Gas stated it is currently evaluating the impact of these supply curtailments and the new regulatory framework on its operations.#middle_east #natural_gas_supply_regulation_order_2026 #adani_total_gas #ministry_of_petroleum_and_natural_gas #essential_commodities_act_1955
