Adani Total Gas shares fall 3%, down 11% in two days. What's driving the selloff?
Analysis of this story by et_markets · 16 Mar 2026, 10:38 AM IST (about 2 months ago)
AI Analysis
The energy sector, particularly gas distribution, is facing headwinds from government intervention and global supply chain volatility. Rising input costs for LPG importers could squeeze margins for companies in this space.
Trading Insight
Maintain a cautious stance on gas distribution companies; look for signs of stabilization in global gas prices and favorable regulatory changes before considering long positions.
Quick check: ATGL neutral (-6.1% 1d), RELIANCE neutral (-0.6% 1d).
Key Evidence
- •Adani Total Gas shares fell 3%, down 11% in two days.
- •Investors are taking profits.
- •Company reduced prices for some industrial gas customers.
- •Government order prioritizes gas for homes and transport.
- •Supply disruptions in West Asia are impacting gas availability.
Affected Stocks
ATGLAdani Total Gas Ltd
Negative
Shares falling due to profit-taking, reduced industrial gas prices, and supply disruptions.
Sources and updates
Original source: et_markets
Published: 16 Mar 2026, 10:38 AM IST
Last updated on Anadi News: 16 Mar 2026, 11:09 AM IST
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