Motilal Oswal has buy call on Petronet LNG with a target price of Rs 335. The current market price of Petronet LNG Ltd. is Rs 248.2.
Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 36990.00 Crore) operating in Gas & Petroleum sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 6235.78 Crore, up 27.69 % from last quarter Sales of Rs 4883.57 Crore and down -33.39 % from last year same quarter Sales of Rs 9361.18 Crore. Company reported net profit after tax of Rs 909.62 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 50 per cent stake in the company as of Sept 30, 2020, while FIIs held 28.1 per cent, DIIs 8.4 per cent and public and others 13.5 per cent.
