Adani Total Gas share price rose by 6 per cent in early trading on March 13, reaching an intraday high of Rs 644 on BSE. The shares continued their winning streak for the fourth consecutive day despite a weak market sentiment, surging nearly 40 per cent.

The rally in Adani Group stock came after the government issued the Natural Gas (Supply Regulation) Order, 2026, which aims to prioritise gas allocation to essential sectors amid supply disruptions caused by the ongoing conflict in the Middle East.

Amid all this rising demand for cooking gas and concerns around potential shortages due to global supply constraints amid the ongoing war between the US, Israel, and Iran in West Asia.

However, as the key domestic equity indices crashed by over a per cent during the early session, the Adani group stock erased most of its early gains. At the time of writing, the shares were trading at Rs 612.70,
up Rs 5.10 or 0.84 per cent.

This stock surged 40 per cent in 5 days

With today's early gain, Adani Total Gas shares surged nearly 40% in the past five trading days. The shares were at level of Rs 467 per share on March 9, while they reached Rs 644 on March 13. During this period, the Adani Group stock has a market cap of around Rs 67,616 crore.

Also Read: Stock Market Continues Losing Streak On High Crude Price; Sensex Falls 800 Points, Nifty Trades Below 23,425

Gas Supply Constraint

According to the government notification, consumers using domestic pipeline natural gas and compressed natural gas used in transportation will be given priority during the supply constraint due to the war in the Middle East. Meanwhile, based on operational availability, allocation will be maintained at 100 per cent of the average consumption of the previous six months. The government's move is considered to help in ensuring essential energy supply for households and the transportation sector.

Stock Market Today

The domestic equity indices crashed over 1 per cent during the intraday trade amid broad-based selling due to rising crude prices and concerns around gas supply disruption from the Middle East. At the time of writing, Sensex was 75,138.83, down 895.59 points or 1.18 per cent. While Nifty50 was at 23,328.55, down 310.60 points or 1.31 per cent.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.