Petronet LNG declined 1.35% to Rs 54.75 at 12:51 IST on BSE after the company posted 2.20% fall in net profit to Rs 105.65 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 21 July 2008.
The stock had a 52-week high of Rs 121.90 on 4 January 2008 and a 52-week low of Rs 48.35 on 2 July 2008.
The company has an equity capital of Rs 750 crore. Face value per share is Rs 10. The current price of Rs 54.75 discounts its Q4 March 2008 annualised EPS of Rs 6.40, by a PE multiple of 8.55.
Petronet LNG’ total income rose 6.39% to Rs 1662.50 crore in Q1 June 2008 over Q1 June 2007.
Petronet LNG imports, stores and regassifies LNG and sells it. The company has set up the country`s first LNG receiving and regasification terminal at Dahej, Gujarat, and is in the process of building another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 5 million metric tons per annum (MMTPA), the Kochi terminal will have a capacity of 2.5 MMTPA.
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