The scrip opened at Rs 231.6 and touched an intraday high and low of Rs 234.5 and Rs 231.6, respectively, in the session so far. The stock of Petronet LNG Ltd. quoted a 52-week high of Rs 275.25 and a 52-week low of Rs 207.4.
As per BSE, the total market cap of the Petronet LNG Ltd. stood at Rs 34920.0 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 8666.47 crore for the quarter ended 30-Jun-2021, up 13.67 per cent from previous quarter’s Rs 7624.47 crore and up 75.01 per cent from the year-ago quarter’s Rs 4951.95 crore.
The net profit for latest quarter stood at Rs 670.06 crore, up 34.07 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, DIIs held 4.89 per cent stake in the company, while foreign institutional investors held 31.06 per cent and the promoters 50.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 11.23 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.
