Adani Total Gas Experiences Notable Adjustment in Stock Evaluation Amid Market Challenges

Jan 06 2025 11:30 AM IST
share
Share Via
Adani Total Gas has recently undergone a revision in its score, reflecting its ongoing challenges in the gas transmission and marketing sector. The stock has faced consecutive losses, underperforming against its sector and trading below key moving averages. Additionally, it has been added to MarketsMojo's list, indicating a shift in evaluation amidst current market conditions.
Adani Total Gas, a prominent player in the Gas Transmission and Marketing industry, has recently experienced a notable adjustment in its evaluation. The stock has faced a challenging period, with a decline of 3.17% recorded on January 6, 2025. This downturn is part of a broader trend, as the stock has underperformed its sector by 0.96% and has seen consecutive losses over the past four days, totaling a decline of 7.64%.

In terms of performance metrics, Adani Total Gas is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trajectory. The stock reached an intraday low of Rs 703.5, reflecting a drop of 3.27% during the trading session.

Additionally, the Gas Transmission and Marketing sector as a whole has also faced challenges, with a decrease of 2.11%. In light of these developments, Adani Total Gas has been added to MarketsMOJO's list, highlighting the ongoing scrutiny of its market position and performance indicators.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Odigma Consultan falling/rising?
4 hours ago
share
Share Via
Why is Premium Plast falling/rising?
4 hours ago
share
Share Via
Why is Afcons Infrastr. falling/rising?
4 hours ago
share
Share Via
Why is Bikewo Green falling/rising?
4 hours ago
share
Share Via
Why is Quest Laborato. falling/rising?
4 hours ago
share
Share Via
Why is Kataria Indust. falling/rising?
4 hours ago
share
Share Via
Why is Vishwas Agri falling/rising?
4 hours ago
share
Share Via