Adani Total Gas Stock Sees Decline and Underperforms Market Performance

Adani Total Gas, a largecap company in the gas transmission and marketing industry, has recently seen a decline in its stock price. On November 26, 2024, the company's stock lost -3.72%, closing at Rs 580. This decline has been reflected in the stock call given by MarketsMOJO, which is 'Sell'.

In terms of performance, Adani Total Gas has underperformed the sector by -2.29% on the same day. The stock has also been on a consecutive fall for the last 2 days, with a total decline of -4.92% during this period. The stock touched an intraday low of Rs 578, showing a decrease of -3.79%.

Furthermore, Adani Total Gas is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price.

In comparison to the overall market performance, Adani Total Gas has also shown a negative performance. On the same day, the company's stock declined by -3.55%, while the Sensex only saw a decrease of -0.14%. In the past month, Adani Total Gas has also underperformed the Sensex, with a decline of -19.94% compared to the Sensex's increase of 0.75%.

Overall, Adani Total Gas has seen a decline in its stock price and has been underperforming in the market. Investors should keep an eye on the company's performance and market trends before making any investment decisions.