Agriculture & FarmersFeb 13
Gas Stock to BUY: Global brokerage bullish on this scrip, raises target - Check details
- Written by Raghwendra Shukla
Published: Zee Business| Updated: Zee Business
PSU Gas Stock to BUY: Shares of Petronet LNG Ltd, a joint venture having 50 per cent shareholding of state-run oil & gas PSUs, gained on Monday as a global brokerage firm upgraded its rating on the oil and gas player. The counter opened in green at Rs 337 on the BSE against the previous close of Rs 333.20. Last seen, it was trading at 336.25 - a gain of around 1 per cent from the previous close.
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Gas Stock to BUY: UBS upgrades rating
1/10Gas Stock to BUY: Global brokerage UBS has upgraded its rating to 'buy' on Petronet LNG from 'neutral'.
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Gas Stock to BUY: Petronet LNG Share Price Target
2/10Gas Stock to BUY: The brokerage firm has raised the target for this stock to Rs 400 from Rs 320.
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Gas Stock to BUY: Beneficiary of India's increasing LNG dependence
3/10Gas Stock to BUY: The brokerage said that the PSU is a beneficiary of India's increasing LNG dependence and is expanding its capacity at a time when India needs more LNG.
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Gas Stock to BUY: 5 long term LNG supply contracts
4/10Gas Stock to BUY: India has secured 5 long term LNG supply contracts starting from 2026. The firm's Dahej terminal could handle 19-20 mmtpa LNG, despite intensifying competition.
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Gas Stock to BUY: Petronet LNG's 52-week high and low
5/10Gas Stock to BUY: The 52-week high of the counter is Rs 384.90 and the 52-week low is Rs 200.75.
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Gas Stock to BUY: Petronet LNG's Mcap
6/10PSU Gas Stock to BUY: As of December 4, the market capitalisation of the company is Rs 50,475 crore.
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Gas Stock to BUY: Petronet LNG Share Price History
7/10Gas Stock to BUY: The counter has given a positive return of 66 per cent in one year and 59 per cent in two years.
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Gas Stock to BUY: Interim Dividend
8/10Gas Stock to BUY: Earlier, the company announced an interim dividend of Rs 7 for which the ex-date was on November 8, 2024.
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Sensex, Nifty decline in early trade
9/10Meanwhile, benchmark indices Sensex and Nifty declined in early trade on Monday amid disappointing macroeconomic data and weak trends in frontline stocks.
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Disclaimer
10/10The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult with their investment advisers before making any financial decision.
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