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Petronet LNG strengthens on reporting 82% rise in Q2 net profit

21 Nov 2016

Petronet LNG is currently trading at Rs 379.55, up by 3.10 points or 0.82% from its previous closing of Rs. 376.45 on the BSE.

The scrip opened at Rs. 377.00 and has touched a high and low of Rs. 382.90 and Rs. 375.05 respectively. So far 90237 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 410.85 on 17-Oct-2016 and a 52 week low of Rs. 208.25 on 20-Nov-2015.

Last one week high and low of the scrip stood at Rs. 382.90 and Rs. 333.10 respectively. The current market cap of the company is Rs. 28458.75 crore.

The promoters holding in the company stood at 50%, while Institutions and Non-Institutions held 37.67% and 12.33% respectively.

Petronet LNG has reported 81.72% rise in its net profit at Rs 459.56 crore for the quarter ended September 30, 2016 as compared to Rs 252.90 crore for the same quarter in the previous year. However, total income of the company decreased by 11.57% at Rs 6705.88 crore for the quarter under review as compared Rs 7583.56 crore for the corresponding quarter 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.

Related Petronet LNG Ltd. Links:

Petronet LNG Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323