Multibagger Stock – PNG – Petronet PNG Ltd

Multibagger Stock – PNG – Petronet PNG Ltd

NSE:PETRONET

Petronet LNG Ltd is an Indian oil and gas company formed by the government of India to import liquefied natural gas and set up LNG terminals in the country.
CEO: Akshay Kumar Singh (1 Feb 2021–)
Founded: 2 April 1998
Headquarters: New Delhi
Number of employees: 519 (2022)
Revenue: 35,815 crores INR (US$4.7 billion, 2020)

Share Price – Rs.212
Face Value – Rs.10
Book Value – Rs.94.6
Market Cap- Rs 31,830 cr
Stock P/E – 9.45
Dividend Yield – 2.12 %

 

 

1. Petronet LNG Limited is a LPG/CNG/PNG/LNG Supplier PSU company currently traded at CMP Rs.212.

2. Petronet LNG Ltd is a joint venture company promoted by the Gas Authority of India Limited (GAIL), Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOC) and Bharat Petroleum Corporation Limited (BPCL).

3. Adani Petronet (Dahej) Port Pvt Ltd is a subsidiary company of Petronet LNG, Adani Petronet (Dahej) Port Pvt Ltd is also a joint venture company formed by Adani port and Petronet LNG

 

4. Petronet LNG Limited is a 10 rupee face value company.

5. Petronet LNG Limited is a part of the Nifty 500, Petronet LNG Limited traded at P/E ratio of 9.45 and the Nifty500 traded at P/E 22.63, So Company P/E is less than INDEX P/E, this is a sign of cheap valuation.

6. Year high of Petronet LNG Limited is 243.55 and the Year low is 190.25, Year high/low ratio is stable below  2.

7. Net sale per share of Petronet LNG Limited Ltd is 287.79 so in net sale per share term this stock is a value buy,

8. Book value of  Petronet LNG Limited is 94.18 and CMP is 212 

9. Base price ( 3 Years average price) of Petronet LNG Limited is 235.12 So CMP 212 is 9.6 % below from base price, so this is a good time to buy.

11. To download 3-year price data, base price, and graph;- Click here

12. Petronet is a dividend paying comapny see past dividend history here:-

SERIESFACE VALUEPURPOSEEX-DATERECORD DATEBOOK CLOSURE
START DATE
BOOK CLOSURE
END DATE
EQ10Dividend – Rs 4.50 Per Share04-Jul-202205-Jul-2022
EQ10Special Dividend – Rs 7 Per Share17-Nov-202119-Nov-2021
EQ10Annual General Meeting16-Sep-202118-Sep-202127-Sep-2021
EQ10Dividend – Rs 3.50 Per Share01-Jul-202102-Jul-2021
EQ10Interim Dividend – Rs 8 Per Share23-Nov-202024-Nov-2020

13.  I recommended buying it. Our target is 25% plus.

14. Promoters of Petronet LNG Ltd hold 50 % shares and no any share pledged by promoters. 

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Base Price Calculation