New Delhi, Sept. 21 -- Adani Total Gas Ltd (ATGL) stock rose nearly 13% to Rs.660.7 on Friday. The rise was accompanied by trading volume of 39 million shares, the highest since 27 May, 2026, indicating strong buying interest. Shares cooled off a bit on Monday, falling by 3%.

While the reason for the sudden jump in volume and price is unclear, ATGL's market capitalization (mcap) of about Rs.70,000 crore remains significantly higher than comparable city gas distribution (CGD) peers such as Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL), which have market values of almost Rs.20,800 crore and Rs.10,600 crore, respectively. This compares with ATGL's consolidated net profit of Rs.656 crore in FY26, well below IGL's Rs.1,390 crore and ...