Petronet LNG shares gain 1.98% as Sensex rises

Shares of Petronet LNG Ltd. traded 1.98 per cent up at Rs 201.3 at 11:06AM (IST) on Friday, even as BSE benchmark Sensex gained 987.03 points to 58222.36. The scrip had settled at Rs 197.4 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 243.0 and Rs 190.3, respectively.

As per BSE data, total traded volume on the counter till 11:06AM (IST) stood at 11:06AM shares with turnover at Rs 0.56 crore.


At the prevailing price, the stock trades at 8.64 times its trailing 12-month EPS of Rs 23.29 per share and 2.13 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.66.

Shareholding Details
Promoters held 50.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 34.83 per cent and DIIs 2.94 per cent.