Adani Total Gas share price surged by 13.08% to Rs 534.25 due to supply disruptions from the Middle East, particularly affecting LNG imports.
Adani Total Gas Share Price Rises
Adani Total Gas shares jumped 13.08% to Rs 534.25 on March 11, 2026, following significant 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 Qatar halting LNG production after an Iranian drone attack, which has raised concerns over energy supply routes. India imports approximately 40% of its LNG from Qatar, making it particularly vulnerable to such disruptions.
In response to the supply issues, Adani Total Gas has increased gas prices to Rs 119 per standard cubic metre. This adjustment reflects the immediate impact of the ongoing conflict in the Middle East on energy markets.
On the trading day, a total of 59.44 lakh shares were exchanged, with a traded value of Rs 316.62 crore. However, despite the recent uptick, the stock has experienced year-to-date returns of -9.74% and one-year returns of -10.21%.
Market analysts note that gas-linked companies in India often react swiftly to international energy disruptions. One expert commented, “Whenever international energy routes face disruptions, gas-linked companies in India often react quickly in the stock market today.”
The ongoing conflict in the Middle East has significantly affected global energy routes, particularly shipments through the Strait of Hormuz, which is a crucial passage for LNG exports.
As the situation develops, investors are closely monitoring the impact of geopolitical tensions on energy prices and supply chains. Details remain unconfirmed regarding the long-term implications of these disruptions on Adani Total Gas and the broader market.
