New Delhi, March 16 -- Adani Total Gas shares remained under pressure on Monday, March 15, with the stock falling for a second straight session as investors booked profits after last week's sharp rally. The stock dropped around 6% intraday and has now declined more than 12% in two trading sessions, reversing part of the nearly 30% surge seen over just three trading days earlier.

On Monday alone, Adani Total Gas stock fell as much as 5.6% to an intraday low of Rs.532, after already sliding 6.8% on Friday, March 13. The correction came as traders booked profits following the recent run-up in the stock. It soared 30% between March 10-12.

The recent fall also followed the clarification, the Exchange had sought from Adani Total Gas Ltd on Ma...