Sell Petronet LNG, target Rs 222.10: ICICI Direct
Sell Petronet LNG Ltd. at a price target of Rs 222.1 and a stop loss at Rs 229.6 from entry point.

The current market price of Petronet LNG is Rs 228.50.
Time period given by the brokerage firm is 'Intra Day' when Petronet LNG price can reach defined target.
ICICI Direct recommended to keep stoploss at Rs 229.60.
Petronet LNG, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 34,035.00 Crore) operating in Petrochemicals sector.
The company’s top management includes Dr.Jyoti Kiran Shukla, Dr.T Natarajan, Mr.A K Misra, Mr.D Rajkumar, Mr.G K Satish, Mr.K D Tripathi, Mr.Prabhat Singh, Mr.Rajender Singh, Mr.Subir Purkayastha.
Company has T R Chadha & Co. LLP as its auditors.
As on 31-12-2017, the company has a total of 1,500,000,088 shares outstanding.
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