The counter has had a total traded volume of 93990 shares so far with a value of Rs 2.13 crore on the NSE. It traded at a price-to-earnings multiple of 11.53 and a price-to-book ratio of 2.7.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 14.02 per cent during the past one year, while the 30-share index advanced 48.38 per cent during the same period.
Petronet LNG Ltd. belongs to the Gas Storage & Distribution industry.
Promotor/FII Holding
Promoters held 50.0 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 30.49 per cent and 6.3 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 7624.47 crore for the quarter ended 31-Mar-2021, up 2.65 per cent from the previous quarter’s Rs 7427.9 crore and up 11.89 per cent from the year-ago quarter’s Rs 8653.63 crore.
Profit for the latest quarter stood at Rs 637.92 crore, up 70.93 per cent from the same quarter a year ago.
