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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comAdani Total Gas Ltd is one of India’s leading city gas distribution (CGD) companies, operating in partnership with TotalEnergies of France. The company plays a critical role in India’s transition toward cleaner energy, supplying CNG (Compressed Natural Gas) for vehicles and PNG (Piped Natural Gas) for households, industries, and commercial users.
With strong backing from the Adani Group, long-term gas distribution licenses, and rising demand for clean fuel, Adani Total Gas Ltd (ATGL) remains a key player in India’s energy transformation story. In this article, we analyze Adani Total Gas Ltd share price targets from 2026 to 2030 using current market data, sector trends, and long-term growth drivers.
| Detail | Value |
|---|---|
| Open | ₹554.95 |
| Previous Close | ₹554.40 |
| Day’s High | ₹558.05 |
| Day’s Low | ₹545.00 |
| VWAP | ₹549.56 |
| 52-Week High | ₹798.00 |
| 52-Week Low | ₹532.60 |
| All-Time High | ₹4,000.00 |
| All-Time Low | ₹72.50 |
| Market Capitalization | ₹60,132 Cr |
| Volume | 5,53,847 |
| Value (Lacs) | 3,028.16 |
| Face Value | ₹1 |
| Book Value Per Share | ₹41.00 |
| Dividend Yield | 0.05% |
| Beta | 1.20 |
Adani Total Gas Ltd focuses on city gas distribution, supplying natural gas across multiple Indian cities and regions. The company benefits from long-term CGD licenses, ensuring stable cash flows and predictable growth.
Key business segments include:
CNG supply for automobiles
PNG for households
Natural gas for industrial and commercial customers
India’s push to reduce dependence on liquid fuels and cut carbon emissions significantly supports long-term growth for CGD companies like ATGL.
Strong promoter backing (Adani Group + TotalEnergies)
Long-term city gas distribution licenses
Beneficiary of India’s clean energy transition
Growing urbanization and vehicle penetration
Stable demand from domestic and industrial customers
| Investor Type | Holding (%) |
|---|---|
| Promoters | 74.80% |
| Foreign Institutions | 12.81% |
| Retail & Others | 6.14% |
| Other Domestic Institutions | 6.12% |
| Mutual Funds | 0.13% |
High promoter and foreign institutional holding reflects long-term strategic confidence in the company.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 750 | 900 |
| 2027 | 900 | 1,100 |
| 2028 | 1,100 | 1,350 |
| 2029 | 1,350 | 1,650 |
| 2030 | 1,650 | 2,000 |
These projections consider city expansion, rising PNG connections, EV-CNG balance, and gradual margin normalization.
By 2026, ATGL may benefit from higher gas volumes and improving pricing stability.
Growth Drivers
Expansion of CGD networks
Increased household PNG adoption
Stable industrial demand
Investment View: Suitable for long-term investors with moderate risk appetite.
2027 could see improved operating leverage as new geographical areas mature.
Growth Drivers
Better utilization of distribution infrastructure
Higher margins from scale benefits
Policy support for natural gas usage
Investment View: Strong long-term accumulation phase.
By 2028, ATGL may emerge as a dominant clean-energy distributor in urban India.
Growth Drivers
Expansion into new CGD zones
Consistent rise in vehicle CNG demand
Long-term gas supply agreements
Investment View: Favorable for clean-energy-focused portfolios.
As infrastructure stabilizes, earnings visibility may strengthen significantly.
Growth Drivers
High entry barriers in CGD business
Predictable cash flows
Rising per-capita gas consumption
Investment View: Suitable for investors seeking steady compounding.
By 2030, ATGL could be a core beneficiary of India’s gas-based economy vision.
Growth Drivers
Government target to raise gas share in energy mix
Large-scale urban expansion
Strategic support from global energy partners
Investment View: Ideal for long-term wealth creation with patience.
Adani Total Gas Ltd represents a structural clean-energy growth story rather than a short-term trading opportunity.
Strong monopoly-like presence in licensed areas
Long-term demand visibility
Strategic partnership with TotalEnergies
High entry barriers in CGD business
High valuation sensitivity
Regulatory and gas pricing risks
Volatility linked to broader Adani Group sentiment
Adani Total Gas Ltd stands at the center of India’s transition toward clean, affordable, and sustainable energy. Despite near-term volatility and valuation concerns, the company’s long-term fundamentals remain robust due to strong infrastructure, policy tailwinds, and growing gas demand.
Based on current assumptions, Adani Total Gas Ltd share price may reach ₹1,650–₹2,000 by 2030. Investors with a long-term horizon and tolerance for volatility may find ATGL a compelling clean-energy investment.
1. What is the current share price of Adani Total Gas Ltd?
It is trading around ₹550 as per the latest market data.
2. What is the share price target for 2026?
The estimated range for 2026 is ₹750 to ₹900.
3. Is Adani Total Gas Ltd a good long-term investment?
Yes, for investors focused on clean energy and long-term compounding.
4. What is the share price target for 2030?
The projected target range for 2030 is ₹1,650 to ₹2,000.
5. What factors influence ATGL share price the most?
Gas pricing, CGD expansion, regulatory policies, and overall market sentiment.
Disclaimer: This article is for educational purposes only and not investment advice. Please consult a certified financial advisor before making any investment decisions.
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