The return on equity (ROE) for the stock stood at 24.89 per cent. Traded volume on the counter stood at 01:56PM shares and turnover at Rs 6.96 crore around that time. The stock of Petronet LNG Ltd. quoted a 52-week high price of Rs 275.25 and 52-week low prices of Rs 207.4, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 0.66.
Promotor/FII Holding
Promoters held 50.0 per cent stake in the company as of 30-Jun-2021, while FIIs held 31.06 per cent and domestic institutional investors had 4.89 per cent.
Key Financials
The company reported consolidated 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. Net profit after tax for the latest quarter stood at Rs 670.06 crore, up 34.07 per cent from the same quarter a year ago.
Technicals
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 topof 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.
