Petronet LNG Ltd. News and Updates

Name: Latest research reports of Petronet LNG Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: Petronet LNG Ltd.
Rating: 5
Author: BOB Capital Markets Ltd.

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Petronet LNG Ltd.

18 Aug 2020

319.80

-0.61%

PETRONET LNG LTD.

Strategy Note: Petronet LNG Ltd.

Ventura

Quick Research Note

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

Petronet LNG Ltd.

18 Aug 2020

319.80

-0.61%

Petronet LNG (BUY): Margins improve, volume outlook brightens

Buy: Petronet LNG Ltd.

Target

BOB Capital Markets Ltd.

Petronet LNG's (PLNG) Q1FY20 EBITDA was in line at Rs 9bn (11% YoY), with low volumes (16% YoY) being compensated by higher EBITDA/ mmbtu at Rs 48 (+5.7% YoY).

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

Petronet LNG Ltd.

18 Aug 2020

319.80

-0.61%

Petronet LNG

Buy: Petronet LNG Ltd.

Target

ICICI Securities Limited

Petronet LNG provides comfort on the business model and remains a structural story on 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. While volumes were impacted during the lockdown, currently Dahej terminal is operating at full capacity. On the new project front, the management indicated the company is planning to set up an import terminal on the east coast. Also, Petronet's deal with Tellurian to buy a stake and import LNG is under negotiation. At the CMP, Petronet LNG...

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

Petronet LNG Ltd.

11 Aug 2020

319.80

-0.61%

Petronet invokes force majeure on 9 cargoes as lockdown cuts offtake

Business Standard

Petronet LNG Ltd, the country's biggest gas importer, on Tuesday said it invoked the force majeure on nine cargoes after COVID-19 lockdown cut offtake by consumers.

Petronet LNG Ltd. is trading below its 200 day SMA of 326.5

Petronet LNG invoked force majeure on nine long-term LNG cargoes amidst Covid-19 lockdown

Business Line | 11 Aug 2020

Petronet LNG Ltd.

28 Jul 2020

319.80

-0.61%

Petronet LNG expects to double gas volumes at Kochi

Business Line

Company hopes to complete laying pipelines to Mangaluru soon

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

Petronet LNG Ltd.

20 Jul 2020, 12:16PM

319.80

-0.61%

Buy Petronet LNG; target of Rs 336: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on Petronet LNG recommended buy rating on the stock with a target price of Rs 336 in its research report dated July 18, 2020.

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

Petronet LNG Ltd.

18 Jul 2020

319.80

-0.61%

PLNG - Clarity affords focus

Buy: Petronet LNG Ltd.

Target

Motilal Oswal

PLNG has received positive responses for its LT commitment of gas off-take (~1mmtpa) linked to spot prices; the companys board is deliberating on this, and a decision is expected within the next five to six months. PLNG is considering to set up an LNG terminal in Gopalpur (Odisha), connected to the JagdishpurHaldiaBokaroDhamra Pipeline (JHBDPL ~100km away); this would be the biggest beneficiary of new-age CGD gas demand in eastern India. This LNG project would strategically place PLNG (providing access to the westernsouthern eastern coasts), aiding the benefit of gas swapping as the CGD network expands in the country. The feasibility study for the project is complete, and the company is currently in the process of determining whether to set up a land-based terminal or floating (FSRU) terminal; the decision is expected in another three to four months.

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

Petronet LNG Ltd.

07 Jul 2020

319.80

-0.61%

PETRONET LNG LTD

Buy: Petronet LNG Ltd.

Geojit BNP Paribas

The expected improvements in utilization along with expansion plans should support future growth. We reiterate our BUY rating on the stock with a TP of Rs. 321 based on 15x FY22E adj. EPS. Revenue inches up albeit demand remains weak In Q4FY20, revenue rose 2.2% YoY to Rs. 8,567cr on higher LNG volumes processed to 219 TBTUs (+6.8% YoY), with increased throughput from Dahej terminal which processed 206 TBTUs LNG (+3.5% YoY, -7.2%QoQ). On sequential basis, throughput was subdued, owing to COVID-19 which impacted by both supply side (disrupted...