Petronet LNG Stock Price: Petronet LNG declines 3.07% as Sensex slides

Shares of Ltd. traded at Rs 221.15 on BSE at 11:02AM (IST) on Monday, down 3.07 per cent from previous close.

The stock quoted a 52-week low price of Rs 203.95 and a high of Rs 280.0.

Earlier, the stock saw a gap down opening in the morning.

A total of 84,776 lakh shares changed hands on the counter till 11:02AM (IST).

The stock of Petronet LNG Ltd. commanded a market value of Rs 33187.5 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 12.41, while the price-to-book value ratio stood at 2.7. Return on equity (ROE) was at 24.3 per cent, according to exchange data.

In the BSE500 pack, 24 stocks traded in the green, while 476 stocks were in the red.

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

Promotor/FII Holding

Promoters held 50.0 per cent in Petronet LNG Ltd. as of 31-Dec-2020 while foreign and domestic institutional investors owned 29.49 per cent and 7.0 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 244.2 on April 12, while the 50-DMA was at 240.01. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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