Hold Petronet LNG; target of Rs 215: ICICI Direct

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26 Aug, 2025 12:21

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ICICI Direct's research report on Petronet LNG

Petronet LNG, a JV between leading PSU oil companies, is involved in LNG import and regasification. The company operates two LNG terminals at Dahej and Kochi • Total nameplate capacity of the company is 22.5 MMTPA.

Outlook

We retain our HOLD rating on the stock. We value Petronet at Rs 215 i.e. 11x P/E on FY24E EPS.

For all recommendations report, click here

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Petronet LNG - 14 -11-2022 - icici