Why is Petronet LNG falling/rising?
As of 08-Aug, Petronet LNG Ltd. is facing a stock price decline to Rs 273.00, down 2.08%, and is near its 52-week low. Despite a high dividend yield and increased investor participation, the stock's poor long-term growth prospects and negative quarterly results have led to significant underperformance compared to the benchmark Sensex.
As of 08-Aug, Petronet LNG Ltd. is experiencing a decline in its stock price, currently at Rs 273.00, which reflects a decrease of Rs 5.8 or 2.08%. The stock is trading close to its 52-week low, just 1.14% away from Rs 269.9, and has touched an intraday low of Rs 272.5. Over the past week, the stock has fallen by 2.69%, and it has underperformed significantly over the past month and year, with returns of -10.51% and -24.90%, respectively. Despite a high dividend yield of 3.59% and rising investor participation, indicated by a 43.57% increase in delivery volume, the stock's performance has been hindered by poor long-term growth prospects and negative quarterly results, including a 15.2% decline in profit after tax.In the broader market context, Petronet LNG's recent performance contrasts with the benchmark Sensex, which has seen a smaller decline of 0.92% over the past week. The stock's underperformance is further highlighted by its negative returns compared to the Sensex over various periods, including a significant drop of 21.08% year-to-date against the Sensex's gain of 2.20%. The company's low debt-to-equity ratio and high management efficiency are positive factors; however, the overall sentiment is dampened by disappointing operating profit growth and recent negative financial results, leading to a cautious outlook among investors.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
