Petronet LNG soars on reporting 58% rise in Q1 net profit

30 Jul 2015

Petronet LNG is currently trading at Rs 194.50, up by 4.95 points or 2.61% from its previous closing of Rs 189.55 on the BSE.

The scrip opened at Rs. 190.50 and has touched a high and low of Rs. 200.00 and Rs. 189.15 respectively. So far 205165 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 221.90 on 08-Jan-2015 and a 52 week low of Rs. 159.80 on 27-Apr-2015.

Last one week high and low of the scrip stood at Rs. 202.65 and Rs. 183.20 respectively. The current market cap of the company is Rs. 14531.25 crore.

The promoters holding in the company stood at 50.00% while Institutions and Non-Institutions held 27.41% and 22.59% respectively.

Petronet LNG has reported 58.05% rise in its net profit at Rs 247.50 crore for the quarter ended June 30, 2015 as compared to Rs 156.60 crore for the same quarter in the previous year. However, the company’s total income has decreased by 17.51% to Rs 8410.50 crore for the quarter under review from Rs 10196.14 crore for the corresponding quarter of the previous year.

Petronet LNG is one of the leading players in oil and natural gas industry space. It has India’s first and largest LNG supply terminal located at Dahej.

 

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Petronet LNG Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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