The counter had a total traded volume of 01:55PM shares so far with a turnover of Rs 1.08 crore on BSE. The stock traded at a price-to-earnings multiple of 9.49 and a price-to-book ratio of 2.13.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Petronet LNG Ltd. belongs to the Gas Storage & Distribution industry.
Promoters held 50.0 per cent stake in the company as of 31-Mar-2022, while overseas investors and domestic institutional investors ownership stood at 33.6 per cent and 3.38 per cent, respectively.
The firm reported consolidated sales of Rs 11241.74 crore for the quarter ended 31-Mar-2022, down 11.27 per cent from the previous quarter’s Rs 12669.14 crore and down 47.44 per cent from the year-ago quarter’s Rs 7624.47 crore.
Its profit for the latest quarter stood at Rs 790.98 crore, up 23.99 per cent from the same quarter a year ago.