Adani Total Gas Shows Resilience Amid Broader Market Downturn and Mixed Performance

Adani Total Gas has shown notable activity today, gaining 3.28% on March 28, 2025. The stock has outperformed its sector by 2.43%, marking a positive trend as it has recorded consecutive gains over the last two days, accumulating a total return of 5.38% during this period. The stock reached an intraday high of Rs 631.15, reflecting a 3.14% increase.
In terms of moving averages, Adani Total Gas is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. This indicates a mixed performance in the short to medium term.

While the broader market is experiencing a downturn, with the Sensex trading down by 0.2% after a positive opening, Adani Total Gas has managed to maintain a stronger performance relative to the index. Over the past month, the stock has gained 12.18%, significantly outperforming the Sensex's 5.86% increase. However, its longer-term performance shows a decline of 32.24% over the past year, contrasting with the Sensex's 5.21% gain.