Petronet LNG Share Price: Petronet LNG stock price down 2.2 per cent as Sensex slides

Shares of Ltd. fell 2.2 per cent to Rs 220.35 at 12:39PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 63,326 shares with a turnover of Rs 1.4 crore till 12:39PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 10.99, while the price-to-book value ratio stood at 2.86.

Return on equity (ROE) was at 24.89 per cent, according to exchange data. The stock hit an intraday high of Rs 225.45 and a low of Rs 220.05 during the session and quoted a 52-week high price of Rs 275.25 and a 52-week low of Rs 211.5.



The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.66.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 232.64 on November 22, while the 50-DMA was at Rs 232.52. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 30.87. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2021, promoters held 50.0 per cent stake in the company, while overseas investors held 32.13 per cent and domestic institutional investors had 4.65 per cent.

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