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Sell Petronet LNG: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends selling Petronet LNG.

April 29, 2015 / 11:24 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Petronet LNG has a same kind of weakness that GAIL India has. That has just started while GAIL has been going in the downside journey for sometime. Both are short selling ideas."

At 10:41 hrs Petronet LNG was quoting at Rs 168.90, down Rs 1.50, or 0.88 percent. It has touched an intraday high of Rs 171 and an intraday low of Rs 167.95.

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Petronet LNG'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 14.35. 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 2.16. The dividend yield of the company was 1.18 percent.

first published: Apr 29, 2015 11:24 am

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