Share price of Petronet LNG rises as Nifty strengthens

Shares of Ltd. gained 0.27 per cent to Rs 226.6 in Wednesday's trade as of 12:56PM (IST).

The stock hit a high price of Rs 226.75 and low of Rs 225.3 during the session.

The return on equity (ROE) for the stock stood at 24.89 per cent. Traded volume on the counter stood at 12:56PM shares and turnover at Rs 2.1 crore around that time.

The stock of Petronet LNG Ltd. quoted a 52-week high and 52-week low prices of Rs 280.0 and Rs 207.4, 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-2021, while foreign investors held 30.5 per cent and domestic institutional investors had 6.31 per cent.

Key Financials
The company reported consolidated sales of Rs 7624.47 crore for the quarter ended 31-Mar-2021, up 2.65 per cent from previous quarter's Rs 7427.9 crore and up 11.89 per cent from the year-ago quarter's Rs 8653.63 crore.

Net profit after tax for the latest quarter stood at Rs 637.92 crore, up 70.93 per cent from the same quarter a year ago.