Why is Adani Total Gas falling/rising?
As of 27-Jun, Adani Total Gas Ltd's stock price is rising to Rs 682.20, up 5.28% recently, but it has a year-to-date decline of 10.54% and a significant drop of 24.23% over the past year, indicating limited long-term growth prospects despite recent short-term gains.
As of 27-Jun, Adani Total Gas Ltd's stock price is rising, currently at Rs 682.20, reflecting an increase of Rs 34.2 or 5.28%. The stock has shown strong performance recently, gaining 10.45% over the past week and outperforming its sector by 2.75% today. It has been on a consecutive gain streak for the last five days, with an intraday high of Rs 694. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite these positive indicators, the stock has underperformed over the longer term, with a year-to-date decline of 10.54% and a significant drop of 24.23% over the past year. Factors contributing to its recent rise include high management efficiency, a strong ability to service debt, and its substantial market capitalization within the sector.In the broader market context, Adani Total Gas has outperformed the Sensex, which has only gained 2.00% over the past week, while the stock has risen by 10.45%. However, the stock's long-term performance remains a concern, as it has underperformed the market significantly over the past year, with a negative return of 24.23% compared to the BSE 500's positive return of 4.10%. The low domestic mutual fund ownership at 0.79% may indicate a lack of confidence in the stock's future potential, despite its recent gains. Overall, while the stock is experiencing a short-term rise, its long-term growth prospects appear limited, which could affect investor sentiment moving forward.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
