Share price of Petronet LNG Ltd. falls as Nifty weakens

A total of 39,387 shares changed hands on the counter till 01:39PM (IST).

Share price of Petronet LNG Ltd.  falls  as Nifty  weakens
Shares of Petronet LNG Ltd. slipped 1.96 per cent to Rs 260.0 in Friday's trade as of 01:39PM (IST).

The stock hit a high price of Rs 266.85 and low of Rs 258.45 during the session.

The return on equity (ROE) for the stock stood at 24.3 per cent. Traded volume on the counter stood at 01:39PM shares and turnover at Rs 1.02 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 30-Jun-2020, while FIIs held 29.15 per cent and domestic institutional investors had 7.83 per cent.

Key Financials
The company reported consolidated sales of Rs 8567.15 crore for the quarter ended 31-Mar-2020, down 3.85 per cent from previous quarter's Rs 8910.23 crore and down 2.19 per cent from the year-ago quarter's Rs 8383.2 crore.

Net profit after tax for the latest quarter stood at Rs 373.2 crore, down 19.81 per cent from the same quarter a year ago.




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