Petronet LNG Ltd Share Price (PETRONET)

Petronet LNG Ltd stock can hit Rs 330-340 levels in near term - 18 Apr, 2024

Analyst Vikas Sethi recommends buying Petronet LNG Ltd, with a target price of Rs 330-340 and stop loss at Rs 309.

Axis Securities Gives Buy Call on Petronet LNG - 15 Apr, 2024

Axis Securities has given a buy call on Petronet LNG with a target price of Rs 347. The company reported a consolidated total income of Rs 14,903.76 crore for the quarter ended December 31, 2023, up 17.48% from the last quarter and down -6.59% YoY. Promoters hold 50% stake in the company.

Petronet LNG Stock Shows Potential for Upward Trajectory - 12 Apr, 2024

Petronet LNG has shown a robust price structure, rebounding from a double bottom formation and breaking out of the March 2023 swing high. It is currently trading above key moving averages, indicating an improvement in trend. A potential target price of 364 is anticipated with a stop-loss at 278 on a closing basis to manage risk effectively.

Petronet LNG Stock Breaks All-Time High Amidst Dividend Inconsistencies - 11 Apr, 2024

Petronet LNG's recent long-term LNG Sale & Purchase Agreement with QatarEnergy ensures energy security for India. Despite inconsistent dividends, the company's low P/E ratio and top-tier dividend yield reflect potential value for dividend-focused investors. The stock has recently broken above its all-time high, signaling a strong bullish trend.

Bullish Outlook for Petronet LNG as Volumes Surge - 10 Apr, 2024

Petronet LNG sees a surge in volumes on both NSE and BSE, with a short-term bullish outlook predicting a potential rise to Rs. 315. Resistance at Rs. 293 may be tested this week.

Public Companies and Institutions Hold Majority Ownership in Petronet LNG - 27 Mar, 2024

Public companies own 50% of Petronet LNG, while institutions hold 26%. The top four shareholders control half the business. This indicates that they have a significant say in management and strategy.