Petronet LNG Shows Resilience Amid Mixed Market Conditions and Sector Gains

Jan 14 2025 11:25 AM IST
share
Share Via
Petronet LNG Ltd. experienced a notable increase on January 14, 2025, outperforming its sector after three days of decline. Despite this rise, the stock remains below several key moving averages, indicating a mixed short-term outlook. The broader sector also saw gains, while Petronet LNG's monthly performance reflects a decline.
Petronet LNG Ltd., a key player in the Industrial Gases & Fuels sector, saw a notable increase of 3.02% on January 14, 2025, allowing it to outperform its sector by 0.92%. This uptick comes after three consecutive days of decline, with the stock reaching an intraday high of Rs 324.2, reflecting a 2.94% rise.

Despite this positive movement, Petronet LNG is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a mixed short-term outlook. The broader Industrial Gases & Fuels sector also experienced gains, rising by 2.13% on the same day.

The stock offers a high dividend yield of 3.18% at its current price. Over the past month, Petronet LNG has seen a decline of 4.69%, while the Sensex has dropped by 6.53%. This context highlights the stock's performance amid fluctuating market conditions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News