Petronet LNG stock price down 0.32 per cent as Sensex climbs

Shares of . fell 0.32 per cent to Rs 217.65 at 01:45PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 41,349 shares with a turnover of Rs 0.9 crore till 01:45PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 9.35, while the price-to-book value ratio stood at 2.13.

Return on equity (ROE) was at 25.15 per cent, according to exchange data. The stock hit an intraday high of Rs 220.05 and a low of Rs 217.3 during the session and quoted a 52-week high price of Rs 243.0 and a 52-week low of Rs 190.3.

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

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 215.03 on September 09, while the 50-DMA was at Rs 219.3. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 50.39. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2022, promoters held 50.0 per cent stake in the company, while FIIs held 34.83 per cent and domestic institutional investors had 2.94 per cent.