New Delhi, March 11 -- Gas-related stocks such as Adani Total Gas and Gujarat Gas rallied sharply on Wednesday, rising by as much as 15% amid concerns over tightening gas supplies in India due to the ongoing US-Iran war.

Adani Total Gas led the gains, climbing as much as 14.7% to hit an intraday high of Rs.544.25. Gujarat Gas also surged around 12% to Rs.420 during the session. Other gas-linked companies also advanced, with Petronet LNG, GAIL (India), Indraprastha Gas (IGL) and Mahanagar Gas (MGL) rising more than 2% each.

The escalating conflict involving Iran and the Israel-US alliance has started to affect India's energy market, particularly natural gas and LPG supplies. Disruptions in shipments through the Strait of Hormuz - a key g...