ATGL
(1D) CMP : 1029.40
This view is only for short term based on Technical Analysis. Long Term Investors can study company by themselves and Specially consider PE Ratio as it is very High compared to Industry Benchmark.
• Stock has formed Symmetrical Triangle on Daily Chart.
• Stock price is contracted and moving in a narrow Range.
• Stock price is above all KMA.
• Short term Moving Averages lines are rising
Sector : Gas Transmission
Industry : Gas Transmission/ Marketing
Market Cap : 1,13,208.95 Cr.
Category : Large Cap
PE : 189.49
Industry PE : 33.78
PEG : 6.88
About Company
Adani Gas is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable and environment friendly fuel that allows consumers to enjoy a high level of safety, convenience and economic efficiency. The company is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users in various geographical areas.
Adani Gas is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable and environment friendly fuel that allows consumers to enjoy a high level of safety, convenience and economic efficiency.
The company has already set up city gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh. In addition, the development of Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad, and Udhamsingh Nagar gas distribution is awarded to consortium of Adani Gas Ltd and Indian Oil Corporation Ltd.
Business area of the company
The company is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users in various geographical areas.
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