These days, a company of Adani Group has made investors rich in the stock market. We are talking about Adani Total Gas, whose shares have been rising strongly for the last few days. On Wednesday, for the fifth consecutive trading day, this stock took off tremendously and touched its new record high of one year. Within just 6 days, this stock has given a bumper return of about 35 percent to the investors. If we look at the market data, this share has increased by about 83% in the last three months. Even today this share is trading at 832.40 with an increase of about 3%. On Wednesday, May 27 alone, it had jumped by more than 16 percent. Now the biggest question in the minds of common investors is whether they should take advantage of this boom and book profits or is there a chance for bigger earnings in the future?
The real reason behind the boom
There are mainly two big reasons behind this sudden bumper purchase in the shares of Adani Total Gas. The first reason is the impact of the global market. The cost of energy is continuously increasing around the world. Due to geopolitical tension, the prices of CNG (compressed natural gas) have increased four times in the last two weeks. This is expected to directly benefit the companies involved in city gas distribution, which may improve their profits in the future. Apart from this, the company’s excellent March quarter results are also fueling this rally.
How far will the price go next?
Whenever a stock moves so fast in the stock market, investors’ eyes are fixed on its next target. Talking about this share, on Wednesday it closed at the level of ₹ 808.10 on BSE with a strong gain of 13.35 percent. At the same time, during intra-day trading, it had risen by 16.33 percent to reach a one-year high of ₹ 829.35. Kunal Kamble, Senior Technical Research Analyst, Bonanza, believes that there has been a strong breakout in this stock with heavy volumes. It has crossed its short-term moving average. If this stock remains above the level of ₹ 740, then it can travel from ₹ 850 to ₹ 900 in the coming time.
Keep this in mind before investing
Amidst this great expectation of profit, market experts have also given a small warning. According to analysts, momentum indicators are indicating that this stock has currently entered the “overbought” zone. Its RSI (Relative Strength Index) is beyond 75. In simple words, there has been a lot of buying in this stock at the moment. In such a situation, a slight correction or consolidation may be seen in its price in the coming few days. In case of a decline, there is a strong support for it at the level of ₹ 700 to ₹ 645.
Excellent track record of profits
If we look at the performance of the company, the figures appear quite strong. In the last quarter of FY 2026 (January-March 2026), the company’s consolidated net profit increased by 9 percent to ₹ 168.34 crore. An increase of 8 percent was recorded in comparison to the previous quarter also. At the same time, the company’s operational revenue also jumped by 16.2 percent on an annual basis to reach ₹ 1,694.61 crore. Investors who had invested money at its one-year low of ₹ 453.50 on March 2, 2026, have seen their capital increase by about 83 percent in just three months.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.
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