Petronet LNG Ltd spurts 3.51%

Petronet LNG Ltd is up for a third straight session in a row. The stock is quoting at Rs 299.65, up 3.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 23297. The Sensex is at 75277.24, up 1.1%. Petronet LNG Ltd has risen around 3.33% in last one month.

Meanwhile, Nifty Energy index of which Petronet LNG Ltd is a constituent, has risen around 1.48% in last one month and is currently quoting at 34957.9, up 3.13% on the day. The volume in the stock stood at 21.43 lakh shares today, compared to the daily average of 23.54 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 300.6, up 3.8% on the day. Petronet LNG Ltd is up 5.12% in last one year as compared to a 9.57% drop in NIFTY and a 1.07% drop in the Nifty Energy index.

The PE of the stock is 10.5 based on TTM earnings ending June 26.

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