Adani Total Gas (ATGL) Share Price Rise Nearly 14% As Government Gas Supply Order And Supply Disruptions Remain In Focus

Mumbai, March 12: Share price of Adani Total Gas Ltd continued their sharp rally on Thursday, rising 13.86% to ₹645.50 as of 9:36 AM IST, compared with the previous close of ₹566.90. The stock opened at ₹594.00 and climbed to a high of ₹651.00 so far, extending gains after the company disclosed supply disruptions linked to geopolitical tensions in the Middle East and the government introduced a new framework prioritising domestic natural gas allocation.

The move comes a day after the company informed stock exchanges that some gas suppliers have curtailed deliveries, affecting supplies to certain industrial customers.

Why ATGL Share Price Share Price Moved

In an exchange filing dated March 11, 2026, Adani Total Gas Ltd said recent escalation in geopolitical developments in the Middle East has disrupted liquefied natural gas (LNG) shipments through the Strait of Hormuz. According to the company, some suppliers invoked force majeure, resulting in curtailed gas supplies.

At the same time, the Natural Gas (Supply Regulation) Order, 2026 dated March 9, 2026, issued by the Ministry of Petroleum and Natural Gas and published in the Gazette of India, prioritises gas allocation to critical domestic segments such as domestic piped natural gas (PNG) supply and compressed natural gas (CNG) for transport.

The company said it appreciates the government’s prompt action in ensuring supply priority for domestic consumers. However, the company also indicated that the curtailment has impacted supplies to certain industrial customers and that it is assessing the overall impact.

ATGL Share Price Stock Performance Snapshot

As of 9:36 AM IST on March 12, 2026, Adani Total Gas shares were trading at ₹645.50, marking a ₹78.60 gain or 13.86% increase for the day.

The stock opened at ₹594.00 and touched a high of ₹651.00 so far, while the day’s low stood at ₹589.90 so far. The company’s market capitalisation was approximately ₹71,140 crore during the session.

Despite the strong rally over the past two sessions, the stock remains below its 52-week high of ₹798.00, while the 52-week low is ₹462.80.

What This Means For Investors

The government’s order aims to ensure that essential sectors such as residential PNG users and the transport segment relying on CNG receive uninterrupted gas supply despite global disruptions.

For city gas distribution companies like Adani Total Gas, the prioritisation framework may help maintain supply stability in key consumer segments. At the same time, industrial and commercial consumers could face reduced allocations depending on supply availability.

The company said it is coordinating with relevant authorities and evaluating operational measures to mitigate the impact of curtailed supply.

Broader Market and Sectoral Context

The Natural Gas (Supply Regulation) Order, 2026, was issued under the Essential Commodities Act, 1955, allowing the central government to regulate production, allocation, and distribution of natural gas during supply disruptions.

Under the order, Priority Sector I includes domestic PNG supply and CNG for transportation, which are to receive top priority in allocation. Fertiliser plants fall under Priority Sector II, while certain industrial consumers supplied through the national gas grid fall under lower priority categories.

The order also states that gas diversion to priority sectors may be implemented through coordinated action involving Gas Authority of India Limited (GAIL) and the Petroleum Planning and Analysis Cell (PPAC).

About The Company

Adani Total Gas Ltd is a city gas distribution company promoted by the Adani Group in partnership with TotalEnergies. The company distributes piped natural gas (PNG) to residential, commercial, and industrial consumers and supplies compressed natural gas (CNG) for the transportation sector.

The company operates across multiple geographical areas in India under licences issued by the Petroleum and Natural Gas Regulatory Board (PNGRB).

Conclusion

Adani Total Gas shares extended gains on March 12, 2026, so far as investors reacted to regulatory measures prioritising domestic gas supply and the company’s disclosure about global LNG supply disruptions. While the government’s new order aims to ensure stable gas availability for essential sectors such as PNG and CNG, the company said it continues to assess the operational impact of curtailed supply and work with authorities to manage the situation.

Source;

• https://nsearchives.nseindia.com/corporate/ATGL2024_11032026131127_ATGL_Intimation_General_Updates_11032026.pdf
• https://www.nseindia.com/get-quote/equity/ATGL/Adani-Total-Gas-Limited