Petronet LNG Ltd. News and Updates

Name: Latest research reports of Petronet LNG Ltd. authored by Dolat Capital and published by - Trendlyne research reports.
Item: Petronet LNG Ltd.
Rating: 4
Author: Dolat Capital

Keep track of all breaking news on Petronet LNG Ltd. from all sources in a single place.

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Petronet LNG Ltd.

18 Nov 2020

321.85

1.59%

Petronet LNG

Accumulate: Petronet LNG Ltd.

Recommendation Target

Dolat Capital

The overall volumes were 254 TBTU in Q2FY21. Volume at Dahej was higher, due to addition of nameplate capacity of 2.5 MMTPA and shut down of the Dabhol terminal during the monsoons. Given gradual capacity addition and increase in re-gasification margins, PLL is likely to benefit from the gas demand evolution in India. PLL is also poised to benefit from the uptick in gas demand and the setting up of small scale LNG stations which will consume 8-9 MMTPA of LNG. However, Q1FY21 was a low volume quarter, which have now...

Petronet LNG Ltd. has an average target of 333.17 from 6 brokers.

Petronet LNG Ltd.

17 Nov 2020

321.85

1.59%

Hold Petronet LNG; target of Rs 275: ICICI Direct

Moneycontrol

ICICI Direct recommended hold rating on Petronet LNG with a target price of Rs 275 in its research report dated November 13, 2020.

Petronet LNG Ltd. is trading above its 150 day SMA of 317.2

Petronet LNG Ltd.

13 Nov 2020

321.85

1.59%

Petronet LNG: Q2FY21 Result Review

Buy: Petronet LNG Ltd.

Recommendation Target

IDBI Capital

Petronet LNG (PLNG) came out with a very strong set of numbers in Q2FY21 which was a beat to our and consensus estimates owing to highest-ever volume, higher inventory gain and higher other income. Dahej operated at 109% capacity utilization and delivered a volume of 243tbtu, up 34% QoQ (103-long-term, 135-tolling and 5-spot). While Kochi terminal operated at 17% utilization and processed a volume of 11tbtu, up 22% on lower base (8-long term, 3- spot). Kochi-Mangalore pipeline is expected to complete by month-end and should reach to a utilization level of 30-35% in the near term. The company has cut its capex for FY21 to Rs1.5 bn from Rs3.5 bn earlier. We...

Petronet LNG Ltd. has an average target of 333.17 from 6 brokers.

Petronet LNG Ltd.

13 Nov 2020

321.85

1.59%

Petronet LNG

Hold: Petronet LNG Ltd.

Recommendation Target

ICICI Securities Limited

Petronet LNG provides comfort on the business model and remains a structural story of India's increasing gas demand. With India continuing to be short of natural gas supply, Petronet LNG will benefit as the primary play on increasing usage of LNG. On the new project front, the management indicated the company is planning to set up an import terminal on the east coast. Post relaxations in lockdown, Petronet LNG's volume surpassed preCovid levels with the Dahej terminal operating at full capacity. However, additional capacity from new terminals on the west coast (Mundra, Dabhol) and lack of new investment opportunities will limit volume growth from...

Petronet LNG Ltd. is trading below its 200 day SMA of 326.7

Petronet LNG Ltd.

12 Nov 2020

321.85

1.59%

Petronet LNG backs out of plan to invest in Tellurian terminal

Business Line

Petronet LNG has distanced itself from an investment in Tellurian Inc's proposed Driftwood LNG terminal.Speaking to reporters a day after announcing t

Petronet LNG Ltd. is trading below its 200 day SMA of 326.7

Petronet LNG backs out of planto invest in Tellurian terminal

Business Line | 12 Nov 2020 1 more

Petronet LNG Ltd.

12 Nov 2020

321.85

1.59%

Petronet LNG (BUY): Margins buoyant, volumes normalise

Buy: Petronet LNG Ltd.

Target

BOB Capital Markets Ltd.

Petronet LNG's (PLNG) Q2FY21 EBITDA outperformed our estimates at Rs 13.6bn (+17.5% YoY).

Number of FII/FPI investors decreased from 813 to 796 in Mar 2025 qtr

Petronet LNG Ltd.

09 Nov 2020

321.85

1.59%

IOC director A K Singh to head Petronet LNG

Moneycontrol

Singh replaces Prabhat Singh who completed his five-year term on September 13.

Petronet LNG Ltd. is trading above its 150 day SMA of 317.2

Petronet LNG Ltd.

20 Oct 2020, 04:57PM

321.85

1.59%

Buy Petronet LNG; target of Rs 335: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on Petronet LNG recommended buy rating on the stock with a target price of Rs 335 in its research report dated October 19, 2020.