Petronet LNG Ltd.
Share Price Target & Analysis
NSE:PETRONET
VWAP
Open
Close
High
Low
52 Week High
1.75 (0.54%)
PETRONET
(OIL & GAS)Sideways to Positive
52 Week Low
EPS
PE
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 323.60, this results in a dividend yield of 3.09 %.
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 26.12. NSE:PETRONET book value per share as of today is 113.09. The current price to book ratio for PETRONET as of Nov 23, 2024 is 2.86.
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 60.32% is very crucial parameter which shows that 60.32% investors are anticipating that the price of PETRONET share should go up with VWAP at 322.62.
Now, the main question is whether to BUY or SELL, NSE:PETRONET at current valuation.
As per latest Analysis No. #3400:-
⇑ 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 (Nov 23, 2024)
(Petronet LNG Ltd. Daily Analysis on the basis of PETRONET Intraday Graph & Trend)
Petronet LNG Ltd. share price moved Up by 0.54% from its previous close of Rs 321.85. PETRONET stock last traded price is 323.60. PETRONET share price trend is Up with a total of 1548530 stocks traded till now. It has touched an intraday high of Rs 324.95 and an intraday low of Rs 319.7. The PETRONET trading at 323.60, Up by Rs. 1.75, or 0.54 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 0.54%. PETRONET share price short term trend is Up. It suggests that PETRONET Share Price for Tomorrow remains the same with VWAP at 322.62 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 |
323.60 |
PETRONET Share Price Target Prediction for 2024 ^ |
278.6 - 386.1 |
PETRONET Share Price Target Prediction for 2025*^ |
386.1 - 411.3 |
PETRONET Share Price Target Prediction for 2026*^ |
411.3 - 440.1 |
PETRONET Share Price Target Prediction for 2027*^ |
462 |
PETRONET Share Price Target Prediction for 2028*^ |
475 |
PETRONET Share Price Target Prediction for 2030*^ |
518 |
PETRONET Current Book Value 2023 |
112.5 |
*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: @313.85MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 321.45 | SELL | 321.22 | SELL |
MA_12 | 330.81 | SELL | 329.31 | SELL |
MA_20 | 334.77 | SELL | 333.03 | SELL |
MA_32 | 341.72 | SELL | 337.45 | SELL |
MA_50 | 340.29 | SELL | 339.86 | SELL |
MA_100 | 349.58 | SELL | 338.3 | SELL |
MA_200 | 318.81 | SELL | 317.29 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 314.96 | OverSold |
MACD | -2.3 | SELL |
ADX | 18.6 | NO or Weak Trend |
DMI (+/-) | 17.7 / 34.29 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 31.12 | Neutral |
STOCHASTIC_K (Fast) | 1.05 | Oversold |
STOCHASTIC_D (Slow) | 1.64 | Oversold |
CCI | -184.54 | SELL |
PSAR | 346.15 | SELL |
TRUE RANGE | 5.5 | SELL |
ATR | 9.06 | SELL |
WILLIAMS R | -97.04 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 0 | Oversold |
MOMENTUM | -41.15 | SELL |
Duration | Value |
---|---|
1 Year | 60.09% |
3 Months | -14.74% |
1 Month | -11.59% |
1 Week | -9.48% |
Action | Overall (%) |
---|---|
BUY | 0% |
NEUTRAL / HOLD | 10% |
SELL | 90% |
Most popular Questions & Answers about PETRONET
Petronet LNG Ltd. stock last traded price is 323.60. PETRONET share price moved Up by 0.54% from its previous close of Rs 321.85.
Petronet LNG Ltd. share price trend is Up with a total of 1548530 stocks traded till now. It has touched an intraday high of Rs 388.042 and an intraday low of Rs 319.7. The PETRONET trading at 323.60, Up by Rs. 1.75, or 0.54 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 322.62.
The market cap of Petronet LNG Ltd. is ₹31785 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Petronet LNG Ltd. as of Nov 22, 2024 is 20.39.
The current price to book ratio for Petronet LNG Ltd. as of Nov 22, 2024 is 2.86.
The highest price of Petronet LNG Ltd. stock is ₹384.2 in the last 52-week.
The lowest price of Petronet LNG Ltd. stock is ₹195 in the last 52-week.
Petronet LNG Ltd. share trading at ₹323.60, Up by Rs. 1.75, or 0.54 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 ₹278.6 on downside and ₹386.1 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 ₹386.1 on downside and ₹411.3 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 ₹411.3 on downside and ₹440.1 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 ₹475 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.
The price of Petronet LNG Ltd. (PETRONET) shares moved by 0.54%. The short-term trend for PETRONET share price is Up. It implies that the share price of PETRONET will stay the same tomorrow and that intraday traders should treat VWAP at 322.62 as a stop loss. Investors with a long-term outlook can track PETRONET long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of PETRONET stock is 313.2. Compared to the current market price of 323.60 INR, the PETRONET stock is Overvalued by 3.2%.
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 26.12. Petronet LNG Ltd. book value per share as of today is 113.09. The current price to book ratio for PETRONET as of Nov 23, 2024 is 2.86.
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 | 245.45 | 32.06 | 243.22 |
GAIL | 192.80 | 15.84 | 97.61 |
GUJGASLTD | 461.65 | 18.4 | 111.7 |
ASIANENE | 323.00 | 9.8 | 62.67 |
PETRONET | 323.60 | 26.12 | 113.09 |
IGL | 312.65 | 22.96 | 122.17 |
OIL | 507.15 | 42.51 | 271.25 |
GSPL | 332.10 | 19.93 | 182.03 |
HINDOILEXP | 187.32 | 2.75 | 76.63 |
JINDRILL | 742.80 | 35.1 | 406.14 |