Gas stocks surge as Adani Total Gas hits upper circuit
pre-market1 source ↓written by the desknot a recommendation
- to hit
- 20%
- volumes soared
- 20 times
- exchanged
- 16.44 million shares
Shares of Adani Total Gas surged 20% to hit the upper circuit on Wednesday amid a natural gas supply crunch. The rally followed a government order prioritizing domestic piped natural gas (PNG) and compressed natural gas (CNG) for transport. Trading volumes soared over 20 times, with 16.44 million shares exchanged on the NSE and BSE.
This surge reflects strong market sentiment and potential resilience in the gas sector despite supply challenges.
Not investment advice. For informational purposes only.