Adani Total Gas Outlook
$ATGL . develops City Gas Distribution (CGD) networks to supply Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) across industrial, commercial, residential, and transport sectors in cities like Ahmedabad, Vadodara, Faridabad, and Khurja. Adani Total Gas has an operating revenue of Rs. 5,894.41 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 15% is great, ROE of 13% is good. The company has a reasonable debt to equity of 33%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 17% above 200DMA. Adani Total Gas Ltd. is focused on developing City Gas Distribution (CGD) networks to deliver Piped Natural Gas (PNG) to industrial, commercial, and residential sectors, and Compressed Natural Gas (CNG) to the transport sector. The company operates in key cities like Ahmedabad, Vadodara, Faridabad, and Khurja, with additional projects in cities such as Allahabad, Chandigarh, and Panipat, in partnership with Indian Oil Corporation Ltd. Natural Gas, known for its safety, reliability, and environmental benefits, provides a cost-effective energy solution. Adani Total Gas continues to expand its footprint, offering efficient and sustainable energy solutions across India.

















