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Adani Total Gas is engaged in City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial and vehicle users. The company is exploring of doing businesses of bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment and provision of value-added services relating to CGD business. The company continues to expand its PNG network, delivering cleaner and more efficient energy solutions for industrial, commercial, and residential consumers across its allocated Geographical Areas (GAs). Driving a cleaner transportation ecosystem, the company provides CNG as a sustainable fuel alternative for the transport sector, reducing emissions and promoting environmental responsibility.
Adani Total Gas major competitors are Gujarat Gas, Indraprastha Gas, Mahanagar Gas, Petronet LNG, Guj. State Petronet, GAIL India, Confidence Petroleum.
Market Cap of Adani Total Gas is ₹57,449 Crs.
While the median market cap of its peers are ₹23,520 Crs.
Adani Total Gas seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
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