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Petronet LNG declines 1.06% as Sensex climbs

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Shares of Ltd. traded at Rs 228.2 on BSE at 01:05PM (IST) on Thursday, down 1.06 per cent from previous close.

The scrip quoted a 52-week low price of Rs 207.4 and a high of Rs 280.0.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 32,484 lakh shares changed hands on the counter till 01:05PM (IST).

The stock of Petronet LNG Ltd. commanded a market value of Rs 34245.0 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 11.65, while the price-to-book value ratio stood at 2.7. Return on equity (ROE) was at 24.89 per cent, according to exchange data.

In the BSE500 pack, 200 stocks traded in the green, while 300 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.66.

Promotor/FII Holding

Promoters held 50.0 per cent in Petronet LNG Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 30.49 per cent and 6.3 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 239.82 on June 24, while the 50-DMA was at 236.01. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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