Adani Total Gas Ltd. News and Updates

Name: Latest research reports of Adani Total Gas Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Adani Total Gas Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news on Adani Total Gas Ltd. from all sources in a single place.

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Adani Total Gas Ltd.

09 Nov 2020

688.50

-4.77%

Adani Gas gains for fifth straight day after buying 3 geographical areas

Business Standard

The company had acquired three geographical areas namely Ludhiana, Jalandhar and Kutch (East)

Adani Total Gas Ltd. is trading above all available SMAs

Adani Total Gas Ltd.

07 Nov 2020

688.50

-4.77%

Adani Gas

Hold: Adani Total Gas Ltd.

Recommendation Target

ICICI Securities Limited

AGL reported sales volume decline of 10.3% YoY for Q2FY21. CNG sales were down ~21% YoY to 0.6 mmscmd due to lower transportations vs. preCovid level. However, CNG sales improved 146% QoQ post relaxations in lockdown. PNG sales registered an increase of ~1% YoY to 0.8 mmscmd mainly due to full recovery in the industrial segment. On QoQ basis, PNG sales increased 80%. However, commercial PNG sales are still lower. During the quarter, sales increased MoM from 84% of pre-Covid level in July to 98% of pre-Covid level in September. Going forward, we estimate sales volume...

Adani Total Gas Ltd. has gained 13.64% in the last 1 Week

Adani Total Gas Ltd.

04 Nov 2020

688.50

-4.77%

Adani Gas to acquire three of Jay Madhok Energy's city gas licences

Business Standard

Adani Gas on Wednesday announced acquisition of city gas licences for Ludhiana and Jalandhar in Punjab and Kutch (East) in Gujarat from Jay Madhok Energy

Adani Total Gas Ltd. is trading above all available SMAs

Adani Gas signs pact to acquire defaulter Jay Madhok Energy's 3 city gas licenses

Moneycontrol | 04 Nov 2020 5 more

Adani Total Gas Ltd.

04 Nov 2020

688.50

-4.77%

Adani Gas Limited buys 3 Geographical Areas

Business Line

Acquisition to benefit more than 1 million households, more than seven lakh CNG vehicles and a large number of industrial and commercial customers

Adani Total Gas Ltd. has gained 13.64% in the last 1 Week

Adani Total Gas Ltd.

23 Oct 2020, 08:05AM

688.50

-4.77%

Stock picks by Nilesh Jain of Anand Rathi: Buy Adani Gas, Aarti Industries

Business Standard

Adani Gas stock is on the verge of a major breakout from a symmetrical triangle formation on the daily chart

Adani Total Gas Ltd. has an average target of 1106.00 from 1 broker.

Adani Total Gas Ltd.

09 Oct 2020

688.50

-4.77%

Adani Gas cuts CNG, PNG prices across regions

Business Line

Our Bureau Adani Gas Ltd has cut the prices of compressed natural gas (CNG) and domestic piped natural gas (PNG) across regions from October 8. The r

Adani Total Gas Ltd. high volume past week with price gain of 13.64.

Adani Gas cuts CNG, PNG prices amid reduction in natural gas rates

Business Standard | 09 Oct 2020

Adani Total Gas Ltd.

11 Aug 2020

688.50

-4.77%

Buy Adani Gas; target of Rs 190: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Adani Gas has recommended buy rating on the stock with a target price of Rs 190 in its research report dated August 10, 2020.

Adani Total Gas Ltd. high volume past week with price gain of 13.64.

Post defence import curbs, RNaval's Pipavav shipyard could interest Adanis, Mahindras

Business Line | 10 Aug 2020 1 more

Adani Total Gas Ltd.

10 Aug 2020

688.50

-4.77%

Adani Gas

Buy: Adani Total Gas Ltd.

Target

ICICI Securities Limited

AGL reported sales volume decline of 53.6% YoY for Q1FY21. The extended lockdown resulted in a sharp decline of 66.2% YoY in CNG sales at 0.3 mmscmd. Similarly, PNG sales registered a decline of 40% YoY to 0.4 mmscmd mainly due to fall in volumes in the industrial and commercial segment. Only domestic PNG segment registered growth at ~17% YoY. During the quarter, sales increased MoM from April lows and were at 1.1 mmscmd by June end. The management said sales volume further improved in July and were at ~1.4 mmscmd. Going forward, we estimate...

Adani Total Gas Ltd. is trading above all available SMAs

Adani Total Gas Ltd.

11 May 2020

688.50

-4.77%

Adani Gas

Buy: Adani Total Gas Ltd.

ICICI Securities Limited

Lower volume growth on account of lockdown AGL reported lower sales volume growth of 2.8% YoY for Q4FY20. The nationwide lockdown in the last week of March resulted in a decline of 2% YoY in CNG sales to 0.8 mmscmd, which led to weaker volume growth. However, PNG sales increased 8% YoY to 0.8 mmscmd. AGL added 12000 domestic PNG connections and 198 industrial/commercial customers in Q4FY20, which led to PNG sales growth. Both industrial and domestic PNG segment reported strong sales growth while commercial PNG sales...

Adani Total Gas Ltd. has gained 13.64% in the last 1 Week

Adani Total Gas Ltd.

06 May 2020

688.50

-4.77%

Adani Gas Ltd.,

Buy: Adani Total Gas Ltd.

Monarch Networth Capital Limited

Strong regulatory tailwinds make it a multi-year story PNGRB's latest two bidding rounds gave a massive push to the overall CGD infrastructure with ~4x increase in CNG outlets and ~7x increase in PNG connection. With no caps on tariffs, the revised PNGRB bidding regulation puts emphasis on network coverage, further encouraging execution, which has been AGL's forte. The environment tribunal's restriction on traditional fuels in many...

Adani Total Gas Ltd. has an average target of 1106.00 from 1 broker.

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Buy 77.93%

Sell 10.49%

Hold 11.58%

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29.27% Gain from 52W Low

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Adani Total Gas Ltd. News and Updates

Keep track of all breaking news on Adani Total Gas Ltd. from all sources in a single place.