Petronet LNG shares decline 2.4% as Sensex slides

Petronet LNG shares decline 2.4% as Sensex slides
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A total of 95,648 shares changed hands on the counter till 02:01PM (IST)

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Shares of the Ltd. traded at Rs 241.95 on BSE at 02:01PM (IST) on Friday, down 2.4 per cent from previous close.

The scrip quoted a 52-week low price of Rs 207.4 and a high of Rs 280.0.

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

A total of 95,648 lakh shares changed hands on the counter till 02:01PM (IST).

The stock of Petronet LNG Ltd. commands a market value of Rs 36390.0 crore.

The stock traded at a price-to-earning (P/E) multiple of 13.61, 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, 155 stocks traded in the green, while 345 stocks were in the red.

Promotor Holding
Promoters held 50.0 per cent in the Petronet LNG Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 30.5 per cent and 6.31 per cent, respectively.

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