Dolat Capital Market recommended accumulate rating on Petronet LNG with a target price of Rs 287 in its research report dated November 12, 2020. On the technical charts, the 200-day moving average of the stock stood at Rs 247.89. Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 32325.00 Crore) operating in Gas & Petroleum sector. You can switch off notifications anytime using browser settings. Petronet LNG Ltd has informed BSE that the Company has fixed November 24, 2020 as the Record Date for the purpose of Payment of Special Interim Dividend. India's Petronet LNG Ltd has no plans to invest in liquefied natural gas developers as the market is awash with cheaper fuel, its finance chief said, indicating … PETRONET LNG LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2020 ,inter alia, to consider and approve Pursuant to Code of conduct for prevention of Insider Trading in the Securities of PLL (PLLs Code) as well as circular issued by the stock exchanges dated 2nd April 2019, it was informed to the Stock Exchanges vide letter dated 22nd June 2020 that the Trading Window for dealing in securities of PLL would be closed, for all Insider as per PLL s Code, from 1st October 2020 till 48 hours after the financial results for the quarter ended 30th September 2020 would become generally available to the Public. A total of 141,167 shares changed hands on the counter till 01:48PM (IST). As of 30-Jun-2020, promoters held 50.0 per cent stake in the company, while FIIs held 29.15 per cent and domestic institutional investors had 7.83 per cent. The special interim dividend shall be payable on and from December 07, 2020. CLSA upgraded the stock to outperform from underperform and raised FY21 EPS estimates by 3% with target unchanged at `270/share. With an objective of foraying into green energy and bio fuels, Petronet LNG on 20 November 2020 signed a non-binding pact with Ministry of Petroleum & Natural Gas for … Watchlist. India's biggest gas importer Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries, its managing director said. 2019: PETRONET LNG LTD: Ex-dividend day for final dividend: FA. Advertisement . Petronet LNG News, Petronet LNG Latest News, Results, Updates and Analysis on NDTV Profit. Petronet has a deal to purchase 7.5 mtpa of LNG from Qatar and 1.44 mtpa from Exxon Mobil Corp's XOM.N Gorgon project in Australia. Petronet LNG was formed as a joint venture by the Government of India to import LNG and set up LNG terminals in the country, involving India's leading oil and natural gas industry players like GAIL (India) (holds 12.50% stake), Oil & Natural Gas Corporation (ONGC) (holds 12.50% stake), Indian Oil Corporation (IOCL) (holds 12.50% stake) and Bharat Petroleum Corporation (BPCL) (holds 12.50% stake). As Indianmandarins had reported first on 22 October 2020 (CLICK To READ) the IOCL candidate finally wins the race. PLL is adopting and inculcating values such as integrity, excellence, sustainability, trust & care and team work as value system Team. Buy Petronet LNG, target price Rs 300: Emkay Global Find Petronet Lng Latest News, Videos & Pictures on Petronet Lng and see latest updates, news, information from NDTV.COM. Kindly Click here, Voting Results and Scrutinizer Report is attached, Proceedings in terms of Part A Schedule III of SEBI LODR is attached. Check out why Petronet LNG share price is falling today. Rupee settles 13 paise lower at 73.81 against US dollar, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. Here’s how, Govt in no mood to relent on personal guarantee, wiggle room for Anil Ambani is shrinking fast, Up 341% YTD, this midcap pharma stock has just got more attractive, US court overthrows H-1B visa program changes, says administration's causes unjustified, Bitcoin tops $16,000-mark! Petronet Lng Latest breaking news, pictures, photos and Video News. Switch to. Here's a word of advice for investors, China's Ant considers Paytm stake sale amid tensions with India: Report, Overcharged despite GST cut? Petronet has a deal to purchase 7.5 mtpa of LNG from Qatar and 1.44 mtpa from Exxon Mobil Corp’s Gorgon project in Australia. ICICIPRULI -2.79%. Petronet LNG Ltd has informed BSE that the Company has fixed November 24, 2020 as the Record Date for the purpose of Payment of Special Interim Dividend. On Wednesday, Petronet's scrip on NSE closed 0.6% higher at ₹226. In the above chart we have measured Petronet LNG's prior ROCE against its prior performance, but the future is arguably more important. Stock Market. It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA. Petronet LNG share price live updates on The Economic Times. Jul 11, 2016, 19:05 PM IST 2017: PETRONET LNG: ExxonMobil slashes LNG price to India in … 2018: PETRONET LNG LTD: Ex-dividend day for final dividend: FA. Petronet LNG reported Q2FY21 results that was better than our estimates on volume and profitability front. All Insiders have been advised not to deal with the securities of PLL during this period. 14th September, 2020 till such time the new incumbent joins as MD & CEO of the Company. 2018: PETRONET LNG LTD: Ex-dividend day for extraordinary dividend: FA. NSEI:PETRONET Return on Capital Employed October 1st 2020 . The company announced its quarterly results on Monday with volumes falling 15.9 per cent year-on-year to 190 trillion British thermal units (tbtu) as LNG offtake was reduced during the lockdown. Intrinsic Value. Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 38077.50 Crore) operating in Gas & Petroleum sector. (i) Shri Prabhat Singh (DIN: 03006541) has ceased to be the MD & CEO of the Company w.e.f. PETRONET LNG LIMITED : News, information and stories for PETRONET LNG LIMITED | MUMBAI STOCK EXCHANGE: 532522 | MUMBAI STOCK EXCHANGE We cover the latest Petronet LNG headlines and breaking news impacting Petronet LNG stock performance. Emkay Global has given a buy rating to Petronet LNG with a target price of Rs 300. PLL always encourages and adopts best business processes and industrial practices such as extensive use of ERP system. Find Petronet Lng news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. Petronet LNG backs out of plan to invest in Tellurian terminal Petronet LNG has distanced itself from an investment in Tellurian Inc’s proposed Driftwood LNG terminal.Speaking to reporters a … Intrinsic value is the calculated value of the company and may differ from current stock price. On the other side, as a responsible Corporate, PLL cares for society and takes humble initiatives primarily in and around its operational areas in thrust area of education, health, community development, environment and rural infrastructure. Promoters held 50.0 per cent stake in the company as of 30-Jun-2020, while FII and DII ownership stood at 29.15 per cent and 7.83 per cent, respectively. Portfolio. Outcome of Quarterly Results and Special Interim Dividend, Intimation for Special Interim Dividend for Financial Year 2020-21, record date and dividend payment date, Unaudited Financial Results for quarter/ half year ended 30th September, 2020, Intimation regarding appointment of Shri Rakesh Chawla, GGM & President (Finance) as Chief Financial Officer of the Company in place of Shri V.K. The selection committee meeting held on 4 November selected Akshay Kumar Singh (Director, Pipelines, IOCL) as new MD & CEO of LNG Petronet.. Appointment of Director (Technical) on the Board of Petronet LNG Limited, Disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015 regarding signing of non-binding Memorandum of Understanding (MoU) with Ministry of Petroleum & Natural Gas for undertaking Compressed Bio-Gas (CBC) Projects. The company adopted the new tax regime last year, which lowered its net tax liability, boosting year-ago quarter's profit. The stock’s last traded price is Rs 252.35. Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. Filing complaint not easy, Xiaomi turns profitable in third year in India. CADILAHC 6.58%. Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 33135.00 Crore) operating in Gas & Petroleum sector. Latest Petronet LNG Ltd News and Updates, Special Reports, Videos & Photos of Petronet LNG Ltd on The Hindu BusinessLine. Prabhudas Lilladher is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 399 in its research report dated November 12, 2020. For reprint rights: Times Syndication Service, ICICI Prudential Bluechip Fund Direct-Growth, Mirae Asset Emerging Bluechip Fund Direct-Growth, Stock Analysis, IPO, Mutual Funds, Bonds & More, Board Meeting : Preferential Issue of shares. A total of 99,284 shares changed hands on the counter till 12:56PM (IST).