- Adani Total Gas reported a net income of 1.86 billion rupees for the second quarter, which marks a 7.5% increase compared to the previous year.
- The company’s revenue for the quarter reached 13.2 billion rupees, representing a 12% increase year-over-year.
- Total costs for the quarter were reported at 10.9 billion rupees, showing a 13% rise compared to last year.
- The company’s stock price rose by 5.6% to 739.80 rupees with a trading volume of 1.26 million shares.
- No buying, holding, or selling recommendations were made in conjunction with this report.
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 in India, has been evaluated using Smartkarma Smart Scores across various factors. 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’s overall outlook indicates a moderate standing in the market.
Considering the scores, Adani Total Gas shows potential for growth and resilience in the long term, supported by its focus on industrial and compressed natural gas services for commercial, residential, and transport sectors in India. While the scores reveal areas for improvement, such as in value and dividend aspects, the company’s emphasis on growth and ability to withstand market challenges position it favorably for future development.
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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