Share price of Petronet LNG Ltd. rises as Nifty drops

Share price of Petronet LNG Ltd. rises as Nifty drops

Shares of Petronet LNG Ltd. gained 1.38 per cent to Rs 235.05 in Thursday's trade as of 11:27AM (IST).

The stock of Petronet LNG Ltd. hit a high price of Rs 237.8 and low of Rs 230.0 during the session.

The return on equity (ROE) for the stock stood at 21.8 per cent. Traded volume on the counter stood at 20,685 shares and turnover at Rs 0.48 crore around that time.

The stock of Petronet LNG Ltd. quoted a 52-week high and 52-week low prices of Rs 302.0 and Rs 170.75, respectively.

The Beta value of the counter, 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 31-Mar-2020, while overseas investors held 29.31 per cent and domestic institutional investors had 7.77 per cent.

Key Financials
The company reported consolidated sales of Rs 8910.23 crore for the quarter ended 31-Dec-2019, down 4.82 per cent from previous quarter's Rs 9361.18 crore and down 11.76 per cent from the year-ago quarter's Rs 10097.74 crore.

Net profit after tax for the latest quarter stood at Rs 679.22 crore, up 15.76 per cent from the same quarter a year ago.
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