Petronet LNG hits 52-week high on good results

MUMBAI: Petronet LNG’s standalone net profit rose to Rs 170.84 crores for the quarter ended December 2010 against Rs 83.21 crores in the same quarter a year ago. Net sales grew to Rs 3600.45 crores from Rs 2212.99 crores.

The stock was at Rs 133.60, up 2.85 per cent on the BSE after touching 52-week high of Rs 136 in trade so far. Around 5.01 lakh shares were traded in the counter.