Adani Total Gas Share Price Plummets 12% in Two Trading Sessions Amid Market Volatility

Adani Total Gas Share Price Under Pressure

Market Update: March 15, 2026

The stock price of Adani Total Gas continued its downward trend on Monday, March 15, falling 6% intraday and over 12% in two trading sessions. This correction follows a sharp rally in the stock last week, with a 30% surge between March 10-12. The recent decline is attributed to investors booking profits after the recent price appreciation.

Key Developments

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

• Adani Total Gas reduced the price of excess natural gas supplied to select industrial customers to ₹82.95 per standard cubic meter from ₹119.90 per standard cubic meter.
• The price cut follows a softening in upstream gas prices, despite ongoing supply disruptions.
• The Indian government issued the Natural Gas (Supply Regulation) Order, 2026, which prioritizes gas supply to essential segments amid disruptions linked to the ongoing Middle East conflict.

Market Impact

• The stock price of Adani Total Gas has declined over 33% from its 52-week high of ₹797.40, hit in September 2025.
• The stock has also lost 11% in the past 1 year, 12% in 6 months, and 9% in 3 months.

Outlook

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

The market remains challenging due to supply constraints arising from the closure of the Strait of Hormuz, leading to increased gas prices in India. Domestic cooking gas prices have increased by ₹60 per cylinder, while commercial LPG prices have gone up by ₹114.5.