The counter opened at Rs 221.4 and touched an intraday high and low of Rs 224.95 and Rs 220.8, respectively, in the session so far. Shares of the company of Petronet LNG Ltd. quoted a 52-week high of Rs 280.0 and a 52-week low of Rs 207.4.
As per BSE, the total market cap of the Petronet LNG Ltd. stood at Rs 33667.5 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7427.9 crore for the quarter ended 31-Dec-2020, up 16.47 per cent from previous quarter’s Rs 6377.66 crore and up 17.42 per cent from the year-ago quarter’s Rs 8994.39 crore.
The net profit for latest quarter stood at Rs 882.05 crore, up 29.86 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 6.3 per cent stake in the company, while foreign institutional investors held 30.49 per cent and the promoters 50.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 12.59 and a price-to-book ratio of 2.7. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Petronet LNG Ltd. belongs to the Gas Storage & Distribution industry.
