Buy or Sell: Adani Total Gas Share Price Target 2023, 2025, 2027, 2030 to 2050
Adani Total Gas share price target is based on my knowledge and analysis. The Indian energy sector has been witnessing significant growth and transformation, with the government’s push towards cleaner sources of energy and increasing demand for natural gas. One of the key players in this industry is Adani Total Gas, a joint venture between India’s Adani Group and France’s Total.
The company is engaged in the distribution of natural gas and the development of city gas distribution networks across India. With its strong presence in the industry, investors are keeping a close eye on Adani Total Gas’ share price performance and growth potential.
In this blog post, we will delve deeper into the company’s business model, analyze its strengths and weaknesses, and discuss its future plans to provide insights into its share price target.
Welcome to our live Adani Total Gas Share Price update! Whether you’re a seasoned investor or a beginner, our live updates will keep you informed about the latest developments in the stock market.
The stock market can be unpredictable, and prices can change rapidly in response to various factors such as economic conditions, global events, or company-specific news. So, we’ll be providing you with the latest updates on Adani Total Gas Share Price, including changes in value and other relevant information.
One way to check the Adani Total Gas share price forecast is to look at the research reports and analysis provided by financial institutions and brokerage firms. These firms often provide detailed reports on the company’s financials and future outlook, along with recommendations and target prices.
| DATE | AUTHOR | TARGET | REPORT |
|---|---|---|---|
| 26 SEP 2022 | Ventura | 3475.00 | |
| 06 FEB 2022 | ICICI Securities Limited | 1775.00 | |
| 05 FEB 2021 | Monarch Networth Capital Limited | – | |
| 07 NOV 2020 | ICICI Securities Limited Reco Target | 230.00 | |
| 10 AUG 2020 | ICICI Securities Limited Target | 190.00 | |
| 11 MAY 2020 | ICICI Securities Limited | 130.00 | |
| 06 MAY 2020 | Monarch Networth Capital Limited | 172.00 |
Our Recommendation
As an investor, you may be wondering what the future holds for Adani Total Gas and its share price. we’ll take a look at the current state of Adani Total Gas and try to predict what its share price might look like in the next 5 to 10 years. So, let’s dive in and explore what the future might hold for Adani Total Gas and its investors.
| YEARS | Minimum TARGET | Maximum TARGET |
|---|---|---|
| 2023 | ₹900 | ₹1100 |
| 2024 | ₹1200 | ₹1400 |
| 2025 | ₹1600 | ₹1800 |
| 2026 | ₹2000 | ₹2200 |
| 2027 | ₹2500 | ₹2700 |
| 2030 | ₹4000 | ₹4500 |
| 2040 | ₹8000 | ₹9000 |
| 2050 | ₹15000 | ₹20000 |
☑ This forecast is based on the expected growth in the natural gas industry, the company’s past performance, and other market factors.
☑ Based on on the expected increase in the company’s revenue and earnings, as well as the growth potential in the natural gas sector.
☑ Based on the company’s expansion plans, which include adding more customers and expanding its distribution network.
☑ Based on the expected growth in the natural gas industry and the company’s strong financial performance.
☑ Based on the company’s plans to increase its customer base and expand its distribution network, as well as the expected growth in the natural gas industry.
Business Model
Adani Total Gas (ATGL) is a joint venture between Adani Group and Total, a global energy player. The company is engaged in the distribution and marketing of natural gas in India. ATGL provides piped natural gas (PNG) to households and compressed natural gas (CNG) to the transportation sector, along with industrial and commercial customers.
The company operates in various cities across the country, including Ahmedabad, Vadodara, Faridabad, and Khurja. Adani Total Gas has been a key player in promoting the use of clean energy and reducing the carbon footprint in India.
The business model of Adani Total Gas is based on the distribution and marketing of natural gas. The company procures natural gas from various sources, including domestic and international suppliers, and distributes it to its customers through a pipeline network.
Adani Total Gas has established city gas distribution networks in various cities across India, providing PNG to households and CNG to the transportation sector. The company also serves industrial and commercial customers, providing them with natural gas for their energy needs. ATGL also operates in the virtual pipeline segment, providing gas through containerized transportation to customers in remote locations.
The business model of Adani Total Gas is focused on the expansion of its city gas distribution network to new cities in India, along with increasing its customer base. The company aims to provide PNG to over 7 million households and CNG to over 2 million vehicles in the next few years.
Adani Total Gas plans to invest in new pipelines and infrastructure to enhance the distribution network and expand the reach of natural gas to more customers. The company also plans to invest in renewable energy sources such as solar and wind to reduce its carbon footprint and contribute to a cleaner environment.
Competitor
Adani Total Gas operates in the natural gas distribution business, which has a few major players in the Indian market. Some of Adani Total Gas’s competitors include:
- GAIL (India) Limited
- Indraprastha Gas Limited
- Gujarat Gas Limited
- Mahanagar Gas Limited
- Haryana City Gas Distribution Limited
- Bhagyanagar Gas Limited
- Green Gas Limited
- Tripura Natural Gas Company Limited
- Sabarmati Gas Limited
- Charotar Gas Sahakari Mandali Limited.
Future Plans
Adani Total Gas, a joint venture between the Adani Group and Total S.A., has ambitious plans for expansion in the natural gas distribution and retailing space in India. The company aims to increase its footprint across the country, particularly in key industrial and commercial hubs.
One of Adani Total Gas’s major future plans is to expand its city gas distribution (CGD) network. In 2018, the company was awarded licenses to operate CGD networks in six cities – Ahmedabad, Vadodara, Faridabad, Palwal, Khurja, and Mathura. Since then, it has expanded its operations to other cities such as Chandigarh, Ernakulam, and Panipat. Adani Total Gas plans to continue expanding its CGD network to more cities and towns, particularly in the western and northern regions of India.
Another key area of focus for Adani Total Gas is the development of compressed natural gas (CNG) and liquefied natural gas (LNG) infrastructure. The company plans to set up more CNG stations to cater to the growing demand for cleaner fuels in transportation. It also aims to develop LNG terminals and build a network of LNG dispensing stations for heavy-duty vehicles and industries.
Adani Total Gas has also expressed interest in exploring renewable energy opportunities in India. In 2020, the company announced plans to set up a solar cell and module manufacturing unit in Gujarat, which will have a capacity of 2 GW. It also plans to develop renewable energy projects, including wind and solar power plants.
Overall, Adani Total Gas has a comprehensive plan for growth and diversification in the natural gas and renewable energy sectors. Its strategic partnerships with global players like Total S.A. and its strong financial backing from the Adani Group put it in a good position to achieve its future plans and emerge as a major player in the Indian energy market.
About Adani Total Gas
Adani Total Gas Limited (ATGL) is a joint venture between the Adani Group, a diversified conglomerate with interests in various sectors including energy and infrastructure, and Total, a French multinational energy company. ATGL is involved in the distribution of natural gas in India, primarily to industrial, commercial, and residential customers.
The company operates in four segments:
(1) City Gas Distribution (CGD), which involves distribution of natural gas to domestic, commercial and industrial consumers through pipelines
(2) CNG Stations, which involves setting up and operating compressed natural gas (CNG) stations for vehicles
(3) Industrial Gas, which involves supplying natural gas to industrial customers for their manufacturing processes
(4) Other Services, which include consulting, project management, and engineering services related to the natural gas sector.
ATGL has a presence in over 40 districts in India and has established a vast network of pipelines and CNG stations. The company’s focus on clean energy and sustainable development has helped it grow in India’s rapidly expanding natural gas market.
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— Check the latest Adani Total Gas share price forecast to look at the research reports and analysis provided by financial institutions and brokerage firms.
It is important to note that this is only one broker’s perspective, and investors should conduct their own research and consult with their financial advisors before making any investment decisions.
It is important to note that stock prices are influenced by a variety of factors, including economic conditions, industry trends, company performance, and investor sentiment. These factors can change rapidly and impact the stock price of Adani Total Gas and other companies. It is important to consult with a licensed financial advisor or conduct your own research before making any investment decisions— Sharedhan.com
