The share price of Petronet LNG Ltd. dropped 4.29 per cent to Rs 197.35 at 02:00PM (IST) in Monday’s trade. The stock has hit a high of Rs 204.8 and low of Rs 197.3 so far during the session. The stock had closed at Rs 206.2 in the previous session.
The counter has had a total traded volume of 119681 shares so far with a value of Rs 2.39 crore on the NSE. It traded at a price-to-earnings multiple of 9.01 and a price-to-book ratio of 2.86.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 12.48 per cent during the past one year, while the 30-share index advanced 16.9 per cent during the same period.
Petronet LNG Ltd. belongs to the Gas Storage & Distribution industry.
Promotor/FII Holding
Promoters held 50.0 per cent stake in the company as of 31-Dec-2021, while overseas investors and domestic institutional investors ownership stood at 34.06 per cent and 3.0 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 12669.14 crore for the quarter ended 31-Dec-2021, up 16.35 per cent from the previous quarter’s Rs 10888.95 crore and up 70.56 per cent from the year-ago quarter’s Rs 7427.9 crore.
Profit for the latest quarter stood at Rs 1159.46 crore, up 31.45 per cent from the same quarter a year ago.
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The share price of Petronet LNG Ltd. dropped 4.29 per cent to Rs 197.35 at 02:00PM (IST) in Monday’s trade. The stock has hit a high of Rs 204.8 and low of Rs 197.3 so far during the session. The stock had closed at Rs 206.2 in the previous session. The counter has had a total traded volume of 119681 shares so far with a value of Rs 2.39 crore on the NSE. It traded at a price-to-earnings multiple of 9.01 and a price-to-book ratio of 2.86. A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business. The scrip declined 12.48 per cent during the past one year, while the 30-share index advanced 16.9 per cent during the same period. Petronet LNG Ltd. belongs to the Gas Storage & Distribution industry. Promotor/FII Holding Promoters held 50.0 per cent stake in the company as of 31-Dec-2021, while overseas investors and domestic institutional investors ownership stood at 34.06 per cent and 3.0 per cent, respectively. Key Financials The firm reported consolidated sales of Rs 12669.14 crore for the quarter ended 31-Dec-2021, up 16.35 per cent from the previous quarter’s Rs 10888.95 crore and up 70.56 per cent from the year-ago quarter’s Rs 7427.9 crore. Profit for the latest quarter stood at Rs 1159.46 crore, up 31.45 per cent from the same quarter a year ago. (What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News.