Adani-Total Gas cuts price for certain industrial users
Analysis of this story by et_companies · 15 Mar 2026, 4:06 PM IST (about 2 months ago)
AI Analysis
The auto sector has recently faced headwinds due to LNG supply risks and rising commodity costs. Lower natural gas prices could alleviate some cost pressures for manufacturers.
Trading Insight
Look for accumulation in auto stocks, especially those with significant manufacturing operations, as reduced energy costs improve their cost structure. Maintain a stop-loss below recent support levels.
Quick check: ATGL neutral (-6.1% 1d), TVSMOTOR bearish bias (oversold).
Key Evidence
- •Adani Total Gas has reduced the price of excess natural gas for industrial clients.
- •The price reduction reflects lower upstream gas costs.
- •The company aims to pass these savings to customers.
- •Supply disruptions in West Asia had previously led to consumption curbs for these users.
- •The new pricing structure is effective immediately.
Affected Stocks
Sources and updates
Original source: et_companies
Published: 15 Mar 2026, 4:06 PM IST
Last updated on Anadi News: 15 Mar 2026, 4:39 PM IST
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