Adani Total Gas Ltd Sees Mixed Technical Signals Amid Price Momentum Shift
Price Momentum and Recent Market Performance
On 2 January 2026, Adani Total Gas Ltd closed at ₹594.30, marking a significant 4.81% increase from the previous close of ₹567.00. The stock traded within a range of ₹567.10 to ₹620.65 during the session, demonstrating intraday volatility and a strong recovery attempt. However, this rally comes against a backdrop of a 52-week high of ₹797.40 and a low of ₹533.00, indicating the stock remains well below its peak levels over the past year.
Comparatively, the stock outperformed the Sensex in the short term, delivering a 5.18% return over the past week versus the Sensex’s marginal decline of 0.26%. Yet, longer-term returns paint a more challenging picture: a 1-year return of -20.71%…
