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16-Aug2016

Petronet LNG shines on expanding part facilities at Dahej LNG Terminal

Petronet LNG is currently trading at Rs. 318.60, up by 5.05 points or 1.61% from its previous closing of Rs. 313.55 on the BSE.

The scrip opened at Rs. 315.00 and has touched a high and low of Rs. 320.90 and Rs. 313.60 respectively. So far 35888 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 322.80 on 12-Aug-2016 and a 52 week low of Rs. 164.95 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 322.80 and Rs. 307.60 respectively. The current market cap of the company is Rs. 23895.00 crore.

The promoters holding in the company stood at 50.00%, while institutions and non-institutions held 37.75% and 12.25% respectively.

Petronet LNG has commissioned the expansion of part facilities at Dahej LNG Terminal from 10 to 15 MMTPA i.e. regasification facility. The balance part of the expansion i.e. two LNG storage tanks are likely to be completed by October, 2016.

Petronet LNG is one of the leading players in oil and natural gas industry space. It has India's first and largest LNG supply terminal located at Dahej.


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