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Petronet LNG Ltd.
Share Price Target & Analysis

NSE:PETRONET

306.17

VWAP

306.95

Open

304.2

Close

309.00

High

303.10

Low

323.15

52 Week High

307.20 ⇧
3.00 (0.99%)

PETRONET

(OIL & GAS)
87.9% Momentum

Trending & Favourite

191.70

52 Week Low

22.75

EPS

27.65

PE

3.09

PB

Standard
Quality

Steel
Valuation

#Analysis

NSE: PETRONET Share Price Financial Analysis & Valuation

Petronet LNG Ltd. (PETRONET) is broadly categorized in OIL & GAS segment industry which deals in Oil Drilling And Exploration vertical. It is one of Large Cap company with Market Capitalization of Rs 31785 (in Cr). Total number of free float shares are 150 (in Lacs). Petronet LNG Ltd. is listed on NSE with Exchange ID - INE347G01014 and trading code is NSE:PETRONET with short name Petronet LNG.

Petronet LNG Ltd. is also traded in Future & Options (Derivative segment of NSE).

Petronet LNG Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. PETRONET is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Petronet LNG Ltd. has declared an equity dividend of Rs 10 per share. At the current share price of PETRONET at Rs 307.20, this results in a dividend yield of 3.26 %.

As per the Fundamental Analysis of NSE:PETRONET, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PETRONET underlying value and future prospects. All of this data is available in PETRONET financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:PETRONET, it is clearly understood that PETRONET is Standard performer in terms of earnings and profit margins with an EPS of 22.75. NSE:PETRONET book value per share as of today is 99.56. The current price to book ratio for PETRONET as of May 16, 2024 is 3.09.

Valuation of the Stock: The current valuation of PETRONET stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PETRONET whether to BUY this stock at current valuation. The delivery percentage of PETRONET is 46.99% is very crucial parameter which shows that 46.99% investors are anticipating that the price of PETRONET share should go up with VWAP at 306.17.

Now, the main question is whether to BUY or SELL, NSE:PETRONET at current valuation.
As per latest Analysis No. #3049:-

⇑ STRONG BUY PETRONET if All Greens

⇗ BUY PETRONET (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD PETRONET (With Stop Loss) if only 1 Green

⇘ SELL PETRONET if NO Green Indicator

NSE: PETRONET Share Price Today (May 16, 2024)

(Petronet LNG Ltd. Daily Analysis on the basis of PETRONET Intraday Graph & Trend)

Petronet LNG Ltd. share price moved Up by 0.99% from its previous close of Rs 304.2. PETRONET stock last traded price is 307.20. PETRONET share price trend is Up with a total of 3196483 stocks traded till now. It has touched an intraday high of Rs 309.00 and an intraday low of Rs 303.10. The PETRONET trading at 307.20, Up by Rs. 3.00, or 0.99 percent which suggests that most of the Traders are anticipating that the price of PETRONET share should go Up.

NSE: PETRONET Share Price Tomorrow Prediction

(Petronet LNG Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PETRONET)

Petronet LNG Ltd. share price moved Up by 0.99%. PETRONET share price short term trend is Up. It suggests that PETRONET Share Price for Tomorrow remains the same with VWAP at 306.17 will be treated as stop loss for intraday traders. Petronet LNG Ltd. Long term investors can follow the PETRONET long term trend as mentiond in future forecast table.

NSE Code

NSE: PETRONET

PETRONET Share Price Today

 307.20

PETRONET Share Price Target Prediction for 2024 ^

 247.5 - 324.7

PETRONET Share Price Target Prediction for 2025*^

 324.7 - 346

PETRONET Share Price Target Prediction for 2026*^

 346 - 370.2

PETRONET Share Price Target Prediction for 2027*^

 389

PETRONET Share Price Target Prediction for 2028*^

 400

PETRONET Share Price Target Prediction for 2030*^

 436
PETRONET Current Book Value 2023
99.1

*Petronet LNG Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^PETRONET share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

PETRONET Technical Analysis

Candlestick Pattern: @307.2

PETRONET Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 300.92 BUY 303.49 BUY
MA_12 305.65 BUY 302.88 BUY
MA_20 303.93 BUY 300.85 BUY
MA_32 293.74 BUY 295.55 BUY
MA_50 287.43 BUY 289.4 BUY
MA_100 275.58 BUY 276.23 BUY
MA_200 244.55 BUY 255.17 BUY

PETRONET Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 303.93 Uptrend
MACD -1.45 SELL
ADX 30.44 Strong Trend
DMI (+/-) 23.79 / 13.59 Uptrend

PETRONET Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 56.31 Neutral
STOCHASTIC_K (Fast) 83.19 Overbought
STOCHASTIC_D (Slow) 57.69 Neutral
CCI 13.45 Neutral
PSAR 312.76 SELL
TRUE RANGE 5.9 Neutral
ATR 10.45 Neutral
WILLIAMS R -50.24 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 59.11 Neutral
MOMENTUM 1.75 BUY

PETRONET Last 1 Year Trend

Duration Value
1 Year 32.04%
3 Months 8.59%
1 Month 0.57%
1 Week -0.05%

PETRONET Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 27%
SELL 7%

Most popular Questions & Answers about PETRONET


Petronet LNG Ltd. stock last traded price is 307.20. PETRONET share price moved Up by 0.99% from its previous close of Rs 304.2.

Petronet LNG Ltd. share price trend is Up with a total of 3196483 stocks traded till now. It has touched an intraday high of Rs 326.3815 and an intraday low of Rs 303.10. The PETRONET trading at 307.20, Up by Rs. 3.00, or 0.99 percent which suggests that most of the Traders are anticipating that the price of PETRONET share should go Up and the Stop Loss will be around 306.17.

The market cap of Petronet LNG Ltd. is ₹31785 (in Cr) as of May 15, 2024.

The current price to earning ratio for Petronet LNG Ltd. as of May 15, 2024 is 27.65.

The current price to book ratio for Petronet LNG Ltd. as of May 15, 2024 is 3.09.

The highest price of Petronet LNG Ltd. stock is ₹323.15 in the last 52-week.

The lowest price of Petronet LNG Ltd. stock is ₹191.70 in the last 52-week.

Petronet LNG Ltd. share trading at ₹307.20, Up by Rs. 3.00, or 0.99 percent which suggests that most of the traders are anticipating that the price of PETRONET share should go Up.

In 2023, Stock price target for Petronet LNG Ltd. (PETRONET) are ₹247.5 on downside and ₹324.7 on upside. Petronet LNG Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Petronet LNG Ltd. (PETRONET) are ₹324.7 on downside and ₹346 on upside. Petronet LNG Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Petronet LNG Ltd. (PETRONET) are ₹346 on downside and ₹370.2 on upside. Petronet LNG Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Petronet LNG Ltd. (PETRONET) will be around ₹400 Petronet LNG Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PETRONET.

As per the fundamental analysis of Petronet LNG Ltd. (PETRONET), it is of Standard quality in terms of earnings and profit margins with an EPS of 22.75. Petronet LNG Ltd. book value per share as of today is 99.56. The current price to book ratio for PETRONET as of May 16, 2024 is 3.09.


NSE:PETRONET News & Other Useful Information about PETRONET Share Price


Peer Comparison of NSE: PETRONET

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Oil Drilling And Exploration

Company Price EPS BV
ONGC 273.45 23.46 222.84
GAIL 200.75 11.05 84.64
GUJGASLTD 542.50 16.6 111.7
ASIANENE 297.30 7.27 48.1
PETRONET 307.20 22.75 99.56
IGL 439.80 24.97 122.17
OIL 631.85 48.98 316.9
GSPL 291.10 22.77 182.03
HINDOILEXP 192.90 13 70.3
JINDRILL 756.65 34.57 367.21
Updated at: 15 May 2024 15:30

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