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Buy Petronet LNG, may outperform market: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Petronet LNG and feels that the stock may outperform the market.

June 29, 2015 / 11:33 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Petronet LNG has made fairly bullish pattern. It came in our buy list earlier and has come again. I think this may outperform the market. I would be a buyer in Petronet LNG especially if it gives lower price to buy."

At 11:24 hrs Petronet LNG was quoting at Rs 183.95, down Rs 4.90, or 2.59 percent. It has touched an intraday high of Rs 186.25 and an intraday low of Rs 180.

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The company's trailing 12-month (TTM) EPS was at Rs 11.77 per share. (Mar, 2015). The stock's price-to-earnings (P/E) ratio was 15.63. The latest book value of the company is Rs 78.25 per share. At current value, the price-to-book value of the company was 2.35. The dividend yield of the company was 1.09 percent.

first published: Jun 29, 2015 11:33 am

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