Petronet LNG Stock Price: Petronet LNG share price down 0.51 per cent

Shares of Ltd. traded 0.51 per cent up at Rs 223.25 at around 11:54AM (IST) on Thursday. The stock had closed at Rs 224.4 in the previous session. Equity benchmark Sensex traded 278.97 points lower at 48265.09 around the same time.

The scrip has climbed 2.17 per cent in the last one year till date, while the 30-share index has gained 74.9 per cent during the same period.

The stock’s 52-week high price stood at Rs 280.0 and the 52-week low price at Rs 203.95.

Trading volume on the counter stood at 432,493 shares, while it quoted a price-to-earnings ratio of 12.52, an EPS value of 17.83 and a price-to-book value of 2.7. In the Nifty50 pack, 16 stocks traded in the green, while 34 stocks were in the red.

Promoter/FII Holding
Promoters held 50.0 per cent stake in the company as of 31-Dec-2020, while FII and MF ownership stood at 29.49 per cent and 7.0 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 7427.9 crore, up 16.47 per cent from the previous quarter’s Rs 6377.66 crore and up 17.42 per cent from the year-ago quarter’s Rs 8994.39 crore. The company reported net profit of Rs 882.05 crore for the latest quarter.

Technical Indicators

The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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