Adani Total Gas Ltd

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Start SIP in Adani Total Gas Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
26.72% Fall from 52W High
-1.4
TTM PE Ratio
High in industry
152.1
Price to Book Ratio
High in industry
28.4
Dividend yield 1yr %
0.1
TTM PEG Ratio
PEG TTM is much higher than 1
6.9
RSI
RSI is mid-range
45.2
MFI
MFI is mid-range
37.8

Adani Total Gas Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Adani Total Gas Ltd shareholding Pattern

Promoter
74.8%
Foreign Institutions
13.1%
Mutual Funds
0.1%
Domestic Institutions
6.1%
Public
5.9%
Promoter
74.8%
Foreign Institutions
13.1%
Mutual Funds
0.1%
Domestic Institutions
6.1%
Public
6%
Promoter
74.8%
Foreign Institutions
13.9%
Mutual Funds
0.1%
Domestic Institutions
6.2%
Public
5.1%
Promoter
74.8%
Foreign Institutions
14.1%
Mutual Funds
0.1%
Domestic Institutions
6.2%
Public
5%
Promoter
74.8%
Foreign Institutions
16.3%
Mutual Funds
0.1%
Domestic Institutions
6.1%
Public
2.8%
Promoter
74.8%
Foreign Institutions
17.2%
Mutual Funds
0.1%
Domestic Institutions
6.1%
Public
1.8%

Adani Total Gas Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
1
Bearish Moving Averages
15
5Day EMA
931.90
10Day EMA
941.80
12Day EMA
944.00
20Day EMA
947.20
26Day EMA
947.20
50Day EMA
947.40
100Day EMA
940.00
200Day EMA
971.40
5Day SMA
932.60
10Day SMA
946.60
20Day SMA
962.50
30Day SMA
945.30
50Day SMA
936.40
100Day SMA
965.80
150Day SMA
948.30
200Day SMA
861.50
Delivery & Volume
Resistance & Support
924.02
Pivot
Resistance
First Resistance
929.63
Second Resistance
936.32
Third Resistance
941.93
Support
First Support
917.33
Second support
911.72
Third Support
905.03
Relative Strength Index
45.20
Money Flow Index
37.75
MACD
-3.16
MACD Signal
3.61
Average True Range
41.19
Average Directional Index
13.08
Rate of Change (21)
-1.27
Rate of Change (125)
-10.07
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
GAIL (India) Ltd.
141206.84
103.3
233.2
Gujarat State Petronet Ltd.
17188.7
254.5
406.75
Gujarat Gas Ltd.
41286.2
397.05
648.95
Indraprastha Gas Ltd.
32977.04
375.7
501
Ion Exchange (India) Ltd.
7516.66
392.45
686.95
Mahanagar Gas Ltd.
14692.7
970.55
1580

Adani Total Gas Ltd Company background

Founded in: 2005
Adani Total Gas Limited (ATGL) was originally incorporated as Adani Gas Limited on August 5th, 2005 in Navrangpura, Ahmedabad. The Company changed the name from Adani Gas Limited to Adani Total Gas Limited on 1st January, 2021. The Company is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users. The Company is exploring of doing businesses of bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment and provision of valueadded services relating to CGD business.During the year 2017, Adani Enterprises Limited transferred 25,67,42,040 (100%) equity Shares of the Company to Adani Gas Holdings Limited. Accordingly, the Company has become whollyowned Subsidiary Company of Adani Gas Holdings Limited w.e.f. 29th March 2017 and continues to be a stepdown 100% subsidiary of Adani Enterprises Limited.During the year under review, the Board of Directors at its meeting held on 18th January, 2018 had approved the Composite Scheme of Arrangement among Adani Gas Holdings Limited (AGHL) and Adani Gas Limited (the Company) and Adani Enterprises Limited (AEL) and their respective shareholders and creditors for: (a) Amalgamation of AGHL with the Company and (b) Subject to satisfactory fulfilment of (a) above i.e., upon amalgamation of AGHL with the Company becoming effective, demerger of the Demerged Undertaking of AEL and transfer of the same to the Company. The rationale for Composite Scheme of Arrangement are as under:(i) The amalgamation of AGHL with Company is for simplification of holding structure resulting in reduction of managerial overlaps and reduction in multiplicity of legal and regulatory compliances. (ii) Further, considering following factors, it is desired to segregate Gas Sourcing and Distribution Business by way of demerger and transfer the same to Company from other businesses of AEL:(a) To lend greater/enhanced focus to the operation of Gas Sourcing and Distribution Business and the other businesses.(b) To facilitate management to efficiently exploit opportunities for each of Gas Sourcing and Distribution Business and the other businesses.(c) To create enhanced value for shareholders by allowing a focused strategy and specialization for sustained growth.(d) To provide scope for independent collaboration and expansion pertaining to Gas Sourcing and Distribution Business.The said scheme is effective upon approval of shareholders and creditors, Honble National Company Law Tribunal and other regulatory and statutory approvals as applicable.During the period, the Equity Shares of the Company got listed on 5 November 2018 on both the recognised Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited pursuant to Scheme of Arrangement. During the year under review, the Honble National Company Law Tribunal, Bench at Ahmedabad (NCLT) had, vide its order dated 3 August, 2018 sanctioned the Composite Scheme of Arrangement among Adani Gas Holdings Limited (AGHL) and Adani Gas Limited (AGL) and Adani Enterprises Limited (AEL) and their respective Shareholders and Creditors. The scheme was approved by the shareholders, secured and unsecured creditors of the Company with requisite majority on 3 July 2018. The Scheme interalia provided for:a. amalgamation of AGHL with AGL (Part II of the Scheme) and i. Upon the effectiveness of Part II of Scheme and in consideration of amalgamation of the AGHL with AGL a. 1 equity share of Rs 10/ each of the AGL credited as fully paidup for every 1 compulsorily convertible preference share of Rs 10/ each to compulsorily convertible preference shareholder of AGHL. b. 1 Preference Share of Rs 10/ each of the AGL credited as fully paidup for every 1 equity share of Rs 10/ to equity shareholder of AGHL. The Company had fixed 26 August 2018 as record date to determine its shareholders who would be entitled to shares of the Company as aforesaid, pursuant to Part II of the Scheme. Accordingly, the Board of Directors of Company had on 26 August, 2018 allotted Equity Shares and Preference Shares to those shareholders of AGHL whose names appeared in the Register of Members as on the Record Date in the above mentioned ratio. b. Subject to satisfactory fulfillment of (a) above, demerger of the Demerged Undertaking (as Defined in the Composite Scheme of Arrangement) of AEL and transfer of the same to the AGL (Part III of the Scheme). i. Upon the effectiveness of Part III of the Scheme and in consideration of transfer and vesting of Demerged Undertaking into Resulting Company: a. 1 (One) equity share of Rs 1/ each of AGL credited as fully paid up for every 1 equity share of Rs 1/ each to equity shareholder of AEL. b. AEL had fixed 7 September 2018 as record date to determine its shareholders who would be entitled to shares of the Company as aforesaid, pursuant to the Scheme.During the year 2019, pursuant to composite scheme of arrangement, the Company ceased as stepdown subsidiary of Adani Enterprises Limited and as subsidiary of Adani Gas Holdings Limited.33 New CNG Stations were added in FY 201920. In FY 202021, Indian OilAdani Gas Pvt. Ltd. (IOAGPL), a JV Company of Indian Oil Corporation Limited (IOC) and Adani TOTAL Gas Ltd. (ATGL) was commissioned to develop City Gas Distribution projects across the country through a network of underground pipelines for distribution of natural gas. On 20th August, 2021, the Company formed Smart Meters Technologies Private Limited (SMPTL) as a 50:50 joint venture for the manufacture of gas meters dedicated to the design, development and manufacture of gas meters). It added 314 commercial connections in 2021. It infused first equity in SMTPL on 8th October, 2021.The Company introduced 117 new CNG stations in FY22, resulting in a total of 334 CNG stations as on 31st March 2022. ATGL had connected more than 5.64 Lakh domestic connections, having added more than 85,000 connections in FY22. Similarly, it reported strong growth in Industrial and Commercial connections which stood at 5,676 consumers as on 31st March 2022 (added 710 consumers in FY 22). On the steel pipeline front, it completed 5,384 inch Km of steel pipeline in the GAs allotted in the 9th and 10th rounds with a total of more than 8,900 inch kms across locations.During the year 2023, the Company incorporated two wholly owned subsidiaries, Adani TotalEnergies Emobility Limited (ATEL) and Adani TotalEnergies Biomass Limited (ATBL). It commissioned 104 EV charging points and commenced the construction of a biogas plant commissioned CNG Stations in 14 geographical areas commissioned a Compressed BioGas (CBG) Plant in Varanasi and commissioned Indias first standalone compressed biogas stationDuring the year 2023, the Company acquired a 50% stake in a company that manufactures Smart Mechanical Gas Meters with Automatic Meter Reading (AMR).
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Adani Total Gas Ltd FAQs

Adani Total Gas Ltd shares are currently priced at 922.95 on NSE and 923.7 on BSE as of 6/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Adani Total Gas Ltd [ATGL] share was 40.73. The Adani Total Gas Ltd [ATGL] share hit a 1-year low of Rs. 522 and a 1-year high of Rs. 1259.4.

The market cap of Adani Total Gas Ltd is Rs. 101506.97 Cr. as of 6/20/2024 12:00:00 AM.

The PE ratios of Adani Total Gas Ltd is 155.77 as of 6/20/2024 12:00:00 AM.

The PB ratios of Adani Total Gas Ltd is 28.5 as of 6/20/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.09% at the end of 6/20/2024 12:00:00 AM.

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