Motilal Oswal is bullish on Petronet LNG recommended buy rating on the stock with a target price of Rs 271 in its research report dated January 22, 2023.

Sharekhan is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 248 in its research report dated January 20, 2023.

The brokerage has a reduce rating on the counter on the back of an adverse impact of high spot LNG price and rising domestic gas production on spot LNG demand in the medium term.

Prabhudas Lilladher is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 326 in its research report dated January 21, 2023.

“Options data suggests a shift in the trading range in between 17600 to 18300 zones while an immediate trading range in between 17700 to 18200 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

The combination of weak gas demand, supply shortages caused by geopolitical issues (Gazprom force majeure) and pricing (high spot LNG prices constraining Dahej third party regas offtake) is likely to lead to another weak quarter for GAIL, PLNG and GSPL.

Promoters held 50 per cent stake in the company as of 30-Sep-2022, while FIIs owned 34.83 per cent, DIIs 3.85 per cent.

Petronet LNG, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 31297.50 Crore) operating in Gas & Petroleum sector.

ICICI Direct recommended hold rating on Petronet LNG with a target price of Rs 215 in its research report dated November 11, 2022.

As of 30-Sep-2022, promoters held 50.0 per cent stake in the company, while FIIs held 34.83 per cent and domestic institutional investors had 2.71 per cent.

Motilal Oswal is bullish on Petronet LNG recommended buy rating on the stock with a target price of Rs 297 in its research report dated November 10, 2022.

Emkay Global Financial is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 260 in its research report dated November 10, 2022.

Prabhudas Lilladher is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 325 in its research report dated November 10, 2022.

Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 31927.50 Crore) operating in Gas & Petroleum sector.

If the Nifty closes above 17,800 on the weekly scale, it may touch 18,400 in a couple of weeks but a close below 17,400 can see it slide to 17,000

Promoters held 50.0 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 34.83 per cent and 2.71 per cent, respectively.

A total of 15,790 shares changed hands on the counter till 11:57AM (IST).

A total of 11,040 shares changed hands on the counter till time (IST).

A total of 27,905 shares changed hands on the counter till 11:06AM (IST)

A total of 36,512 shares changed hands on the counter till 01:19PM (IST)

A total of 36,512 shares changed hands on the counter till 01:19PM (IST)

A total of 25,720 shares changed hands on the counter till 11:57AM (IST)

A total of 25,720 shares changed hands on the counter till 11:57AM (IST)

Promoters held 50.0 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 34.83 per cent and 2.71 per cent, respectively.

On the technical charts, the RSI of the stock stood at 43.11.

A total of 23,729 shares changed hands on the counter till 11:16AM (IST)

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

On the technical charts, the 200-day moving average of the stock stood at Rs 213.99.

Petronet LNG Ltd. key Products/Revenue Segments include Liquified Natural Gas, Other Services and Other Operating Revenue for the year ending 31-Mar-2022.

A total of 25,808 shares changed hands on the counter till 10:10AM (IST).

A total of 24,996 shares changed hands on the counter till 12:17PM (IST)

A total of 32,436 shares changed hands on the counter till 11:06AM (IST)

A total of 24,863 shares changed hands on the counter till 12:53PM (IST)

Petronet LNG Ltd. key Products/Revenue Segments include Liquified Natural Gas, Other Services and Other Operating Revenue for the year ending 31-Mar-2022.

Promoters held 50.0 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 34.83 per cent and 2.71 per cent, respectively.

The Relative Strength Index of the stock stood at 40.52 on Tuesday.