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Hold Adani Total Gas: target of Rs 1775: ICICI Direct

ICICI Direct recommended hold rating on Adani Total Gas with a target price of Rs 1775 in its research report dated February 06, 2022.

February 07, 2022 / 15:24 IST
     
     
    26 Aug, 2025 12:21
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    ICICI Direct's research report on Adani Total Gas

    Adani Total Gas (ATGL) is India’s largest private city gas distribution company with highest number of geographical areas. It has license to cater to 52 geographical areas on a consolidated basis The company operates 287 CNG stations as of Q3FY22

    Outlook

    We maintain our HOLD rating on the stock We value ATGL at Rs 1775/share based DCF method.

    More Info on Trent

    At 14:25 hrs Adani Total Gas was quoting at Rs 1,811.00, down Rs 32.25, or 1.75 percent.

    It has touched an intraday high of Rs 1,895.00 and an intraday low of Rs 1,800.00.

    It was trading with volumes of 3,159 shares, compared to its thirty day average of 4,359 shares, a decrease of -27.53 percent.

    In the previous trading session, the share closed down 0.56 percent or Rs 10.45 at Rs 1,843.25.

    The share touched its 52-week high Rs 1,987.00 and 52-week low Rs 374.50 on 16 December, 2021 and 12 February, 2021, respectively.

    Currently, it is trading 8.86 percent below its 52-week high and 383.58 percent above its 52-week low.

    Market capitalisation stands at Rs 199,175.61 crore.

    For all recommendations report, click here

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    Broker Research
    first published: Feb 7, 2022 03:24 pm

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