The counter had a total traded volume of 12:58PM shares so far with a turnover of Rs 0.84 crore on BSE. The stock traded at a price-to-earnings multiple of 10.99 and a price-to-book ratio of 2.86.
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 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.
Promotor/FII Holding
Promoters held 50.0 per cent stake in the company as of 30-Sep-2021, while foreign investors and domestic institutional investors ownership stood at 32.13 per cent and 4.65 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 10888.95 crore for the quarter ended 30-Sep-2021, up 25.64 per cent from the previous quarter’s Rs 8666.47 crore and up 70.74 per cent from the year-ago quarter’s Rs 6377.66 crore.
Its profit for the latest quarter stood at Rs 817.61 crore, down 11.08 per cent from the same quarter a year ago.
