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Petronet LNG gains on plan to form JV to build LNG terminal in Sri Lanka

07 Sep 2017

Petronet LNG is currently trading at Rs. 226.60, up by 1.65 points or 0.73% from its previous closing of Rs. 224.95 on the BSE.

The scrip opened at Rs. 230.00 and has touched a high and low of Rs. 230.00 and Rs. 226.20 respectively. So far 64072 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 236.65 on 17-Aug-2017 and a 52 week low of Rs. 162.53 on 12-Sep-2016.

Last one week high and low of the scrip stood at Rs. 230.50 and Rs. 220.60 respectively. The current market cap of the company is Rs. 34020.00 crore.

The promoters holding in the company stood at 50.00%, while institutions and non-institutions held 34.38% and 15.62% respectively.

Petronet LNG will be incorporating a Joint Venture (JV) with Japanese and Sri Lankan companies in order to build a liquefied natural gas (LNG) terminal in Sri Lanka. The capacity of the LNG terminal will be decided upon the gas demand in Sri Lanka.

Petronet LNG is engaged in sale of re-gasified liquefied natural gas (RLNG). The company is engaged in the import and re-gasification of liquefied natural gas (LNG). The company operates through the segment of natural gas business.

Related Petronet LNG Ltd. Links:

Petronet LNG Share Price

221.00 1.15 (0.52%) Dec 01, 15:15
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323