Adani Total Gas Share Price Surge
Adani Total Gas shares jumped 13.08% to Rs 534.25 on March 11, 2026, following disruptions in liquefied natural gas (LNG) supply from the Middle East. The stock reached an intraday high of Rs 544.00 during trading hours.
The surge in share price is attributed to a halt in LNG production by Qatar, which is a significant supplier to India, providing around 40% of its LNG imports. This halt was triggered by an Iranian drone attack, which has raised concerns over the stability of energy supplies in the region.
In response to these supply disruptions, Adani Total Gas has increased its gas prices to Rs 119 per standard cubic metre. This price adjustment reflects the ongoing challenges in securing stable energy supplies amidst geopolitical tensions.
During the trading session, a total of 59.44 lakh shares were traded, with a total traded value of Rs 316.62 crore. Despite this positive movement, the stock has seen a year-to-date decline of -9.74% and a one-year return of -10.21%.
The ongoing conflict in the Middle East has significantly affected global energy routes, particularly shipments through the Strait of Hormuz. This situation has led to quick reactions in the stock market from gas-linked companies in India.
“The rise in Adani Total Gas Limited share price is due to supply problems arising due to the ongoing conflict in the Middle East,” commented an industry analyst. Another expert noted, “Whenever international energy routes face disruptions, gas-linked companies in India often react quickly in the stock market today.”
As the situation evolves, market participants are closely monitoring developments in the Middle East, which could further impact LNG supply and pricing in India. Details remain unconfirmed regarding the long-term implications of these disruptions on the energy sector.
