Adani Total Gas Ltd Faces Technical Momentum Shift Amid Bearish Signals Adani Total Gas Ltd has shifted from a sideways trend to a mildly bearish stance as of mid-March 2026, marked by weakening moving averages, bearish MACD readings on the weekly chart, and a sharp decline in share price. This signals growing investor caution in the gas sector mid-cap stock. The stock closed at ₹563.90 on 16 Mar 2026, down 7.09% from the previous close of ₹606.90, with intraday volatility showing a high of ₹644.55 and a low of ₹553.15. The 52-week price range remains broad, spanning ₹797.40 to ₹453.50, reflecting significant price swings over the past year. Comparatively, Adani Total Gas has underperformed the Sensex over longer time horizons. While the Sensex returned +1.0% in the last year, the stock declined by 6.22%. Over three and five years, the underperformance is more pronounced, with returns of -43.48% and -23.63% against Sensex gains of +28.03% and +46.80%. Year-to-date, the stock is marginally down by 0.55%, while the Sensex has fallen 12.50%, indicating some relative resilience in the short term despite recent weakness. The technical landscape for Adani Total Gas reveals a complex picture. The weekly MACD indicator has turned bearish, signaling downward momentum in the near term, while the monthly MACD remains mildly bullish, suggesting longer-term momentum has not fully deteriorated. This divergence points to potential short-term correction within a cautiously optimistic framework. The RSI on both weekly and monthly charts remains neutral, without clear overbought or oversold signals, adding to the uncertainty. Bollinger Bands on weekly and monthly timeframes remain sideways, reflecting consolidation with limited volatility expansion, aligning with the recent sideways to mildly bearish trend shift.#sensex #marketsmojo #mojo_score #gas_sector #adani_total_gas_ltd
Gujarat Gas Ltd. Hits Intraday High with 9.39% Surge on 12 Mar 2026 Gujarat Gas Ltd. recorded a strong intraday performance on 12 Mar 2026, reaching an intraday high of Rs 428.85, a 9.68% increase from its previous close. The stock outperformed its sector and broader market indices during a volatile trading session. The gains marked the stock’s third consecutive day of upward movement, contributing to a 14.17% cumulative return over the period. Intraday trading highlights showed the stock surged 9.39%, significantly outperforming the gas sector by 8.95%. The stock’s volatility was high at 7.42%, reflecting active trading and price fluctuations throughout the session. The share price peaked at Rs 428.85, a 9.68% rise from the prior day’s closing level. This momentum contrasted with the broader market, where the Sensex opened sharply lower by 494.06 points and closed down 429.65 points at 75,940.00, a 1.2% decline. The stock’s performance stood out against a backdrop of market weakness. Over one day, Gujarat Gas Ltd. gained 9.13%, while the Sensex fell 1.08%. Over one week, the stock rose 7.43% compared to the Sensex’s 4.98% drop. The stock also outperformed the Sensex over one month (0.39% vs. -9.14%), three months (7.86% vs. -10.83%), one year (10.49% vs. 2.70%), and year-to-date (3.56% vs. -10.78%). However, longer-term returns showed a mixed picture, with the stock posting negative returns over three and five years (-16.35% and -17.52%, respectively), while the Sensex gained 28.57% and 49.69% over the same periods. Over a decade, Gujarat Gas Ltd. delivered a 321.81% return, outperforming the Sensex’s 207.59% gain. From a technical perspective, the stock traded above its 5-day, 20-day, 50-day, and 100-day moving averages, signaling short to medium-term strength.#sensex #mojo_score #gujarat_gas_ltd #gas_sector #market_capitalisation_grade
Gujarat Gas Ltd. Stock Falls to 52-Week Low of Rs.369.95 Gujarat Gas Ltd. has reached a new 52-week low of Rs.369.95, marking a significant decline in its share price amid a sustained downward trend. The stock has underperformed its sector and benchmark indices, reflecting ongoing concerns about its financial performance and valuation metrics. On March 10, 2026, the stock hit its lowest price in the past year at Rs.369.95, following a four-day consecutive decline that resulted in a cumulative loss of 11.26% over the period. The stock’s daily change was -0.44%, underperforming the Gas sector by 0.87% on the same day. The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signaling a bearish technical setup. This weakness contrasts with the broader market, where the Sensex opened 809.57 points higher but later gave up 504.91 points, closing at 77,870.82, down 0.39%. Despite the Sensex’s three-week consecutive fall of 5.97%, mega-cap stocks have led market gains, a trend Gujarat Gas has not mirrored. Over the last year, Gujarat Gas Ltd. has delivered a negative return of 2.83%, while the Sensex has gained 5.02% over the same period. The stock’s 52-week high stands at Rs.508.60, highlighting the extent of the recent decline. Furthermore, Gujarat Gas has consistently underperformed the BSE500 index in each of the past three annual periods, underscoring its relative weakness within the broader market. Financial metrics indicate a subdued long-term growth trajectory, with operating profit declining at an annualized rate of 3.86% over the last five years. The most recent quarterly results for December 2025 showed flat performance, with net sales at Rs.3,658.41 crore, the lowest quarterly figure recorded in recent periods.#sensex #mojo_score #bse500 #gujarat_gas_ltd #gas_sector
