- Adani Total Gas reported a net income of 1.72 billion rupees for the first quarter of 2024.
- This marks a 15% increase compared to the same period last year, which had a net income of 1.5 billion rupees.
- Revenue for the first quarter stood at 12.4 billion rupees, showing an 8.8% rise year-over-year.
- Total costs for the quarter were 10.1 billion rupees, reflecting a 7% increase from the previous year.
- Analysts have not placed any buys, holds, or sells on the company’s stock.
- Comparisons are based on data from the company’s original disclosures.
A look at Adani Total Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Adani Total Gas Limited, a company providing utility services with a focus on the production and distribution of natural gas in India, has received a moderate overall outlook based on the Smartkarma Smart Scores. With a Value score of 2, Dividend score of 2, Growth score of 3, Resilience score of 3, and Momentum score of 2, the company shows potential for steady growth and stability in the long term.
Adani Total Gas is positioned with a balanced mix of scores across various factors, indicating a solid foundation for future performance. While the company may not be leading in any single category, its consistent scores across Value, Dividend, Growth, Resilience, and Momentum suggest a potential for sustainable growth and resilience in the utility services sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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