Buy Petronet LNG, says Siddhartha Chaterjee

Buy Petronet LNG, says Siddhartha Chaterjee of Trustline Securities

Chaterjee told CNBC-TV18, "Buy Petronet LNG and the story of alternative energy has been our favourite. It is unfolding quite a bit these days. I would assume that it has resumed its uptrend and maybe the range between Rs 160-165 could be the upper part of the current trading range. I am expecting a breakout of that and hence a buy recommendation with a stop of Rs 161.50 and a target of Rs 168."