Adani Total Gas Share Price Target 2022, 2023, 2024, 2025

Today, We Going To See The Target Price Of the Adani Total Gas Share Price Target 2022, 2023, 2024, 2025 & 2030. 5 year Price Target For Adani Total Gas Share Target. Get Technical Levels For In Adani Total Gas Share Target & Forecast Share Price.

It may be profitable to invest in Adani Total Gas. The value of Adani Total Gas share on 2022-03-30 is 509.600 INR. Our forecasts predict long-term growth. The ADANI GAS stock price Targhet for 2026 is 2703.900 INR. Based on a five-year investment, revenue is expected to increase by 430.59%.

About Adani Total Gas Share

Adani Total Gas Share Overview

Business segments:
PNG Segment (56% of FY21 revenue)^[4] Company provides Piped Natural Gas services to ~0.48mn domestic customers, and 4966 commercial and industrial customers.

CNG Segment (44% of FY21 revenue)^[5] Co. has 217 gas stations, out of which 102 were added in FY21. Co. intends to leverage its JV with IOCL to expand its presence in the existing fuel stations of IOCl.

Joint venture ^[3] Co. has a 50:50 joint venture with Indian Oil Corporation called Indian Oil-Adani Gas Private Limited (IOAGL), which engages in city gas distribution and has a presence in 19 geographic areas in the states of Uttar Pradesh, Punjab, Haryana, Kerala, Uttarakhand, Karnataka, Goa, Bihar, West Bengal and the Union Territory of Daman.

Gas Distribution Bidding rounds^[6] City gas distribution authorizations were granted by Petroleum & Natural Gas Regulatory Board through a bidding process, where interested players promised a specified number of CNG stations, domestic PNG connections, and steel pipe circuits lengths to be laid by them.

Aggressive bidding^[7] Co. has won 15 new locations in the 9th and 10th bidding rounds, and additional 14 locations in the 11th round. These span across Maharashtra, Jharkhand, Chattisgarh, and Madhya Pradesh.

High Capex planned^[8] Company expects to incur CAPEX in the range of Rs. 5,000-5,500 cr. for these 15 GAs in the first five MWP years. These will be funded by a mix of debt-equity

Adani Total Gas Share Past Performance

Adani Total Gas Share Price Target

The gas sector(s) have been popular in this period. It appears that the Ai stock analyst believes that there will be a positive trend in the future and that ADANI GAS stocks may make good investments. Our recommendation is to include this share in your portfolio since it has a positive outlook. Trading in bull markets.

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Adani Total Gas Share Price Target 2022, 2023, 2024, 2025, 2030

Adani Total Gas Share Price Target 2022

In Adani Total Gas share price target 2022, 8 predictions are offered for each month with a high target of 1333 rupees, a low target of 1006 rupees, and an average price target of 1158 rupees.

Adani Total Gas Share Price Target 2023

In Adani Total Gas share price target 2023, 12 predictions are offered for each month with a high target of  1770 rupees, a low target of 1338 rupees, and an average price target of 1500 rupees.

Adani Total Gas Share Price Target 2024

In Adani Total Gas share price target 2024, 12 predictions are offered for each month with a high target of  2215 rupees, a low target of 1775 rupees, and an average price target of 1987 rupees.

Adani Total Gas Share Price Target 2025

In Adani Total Gas share price target 2025, 12 predictions are offered for each month with a high target of  2653 rupees, a low target of 2216 rupees, and an average price target of 2426 rupees.

Adani Total Gas Share Price Target 2030

In Adani Total Gas share price target 2030, predictions are offered for each month with a high target of  5857 rupees, a low target of 3500 rupees, and an average price target of 4400 rupees.