- Adani Total Gas reported a net income of 1.55 billion rupees for the fourth quarter, which is a decrease of 7.7% compared to the previous year.
- The company achieved a revenue of 14.54 billion rupees, marking a 15% increase compared to the previous year.
- Total costs for the quarter rose by 20% to reach 12.6 billion rupees.
- A dividend of 0.25 rupees per share was declared.
- Shares of Adani Total Gas increased by 2.8%, trading at 617.00 rupees with a volume of 1.01 million shares.
- The company has one buy recommendation, with no holds or sells indicated.
A look at Adani Total Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a strong Resilience score of 4 out of 5, the company is well-positioned to weather market challenges and maintain stability. This resilience, combined with a solid Growth score of 3, indicates potential for expansion and development in the future, particularly in the production and distribution of natural gas.
Additionally, with decent scores in Value, Dividend, and Momentum, Adani Total Gas demonstrates a balanced approach to investment potential. While there is room for improvement in certain areas, overall the company appears to have a positive trajectory. As a key player in the provision of industrial and compressed natural gas in India, Adani Total Gas is poised to capitalize on the growing demand for cleaner energy solutions across various sectors.
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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