Name: Latest research reports of Petronet LNG Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Petronet LNG Ltd.
Rating: 1
Author: ICICI Securities Limited

Volume worries loom; capital allocation remains a key monitorable

Sell: Petronet LNG Ltd.

Recommendation Target

ICICI Securities Limited

Petronet LNG (PLNG) has reported a 1% YoY improvement in EBITDA to Rs 10.6bn
(down 9% QoQ) and 10% YoY rise in net adjusted earnings to Rs 7bn, below our
estimates of Rs 13bn EBITDA and Rs 8.3bn PAT.