Adani Total Gas Sees 3.24% Increase in Stock Price, Outperforms Sector and Sensex

Adani Total Gas, a leading player in the gas transmission and marketing industry, has seen a 3.24% increase in its stock price on October 24, 2024. This rise in stock price has been attributed to the company's strong performance in the market.

According to MarketsMOJO, a leading stock analysis platform, Adani Total Gas has been given a 'Sell' call. However, the company has outperformed the sector by 3.9% and has been on a consecutive gain for the last 2 days, with a 4.94% increase in returns during this period.

The stock also touched an intraday high of Rs 727.25, showing a 3.45% increase. However, Adani Total Gas is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex performance, Adani Total Gas has shown a 1 day performance of 5.67% while the Sensex has only seen a -0.03% performance. Similarly, in the last month, Adani Total Gas has seen a -8.74% performance while the Sensex has seen a -5.71% performance.

Overall, Adani Total Gas has shown a strong performance in the market, with a significant increase in its stock price. However, investors should carefully consider the 'Sell' call given by MarketsMOJO and do their own research before making any investment decisions.