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Petronet LNG share price tumbles 7%; why are the PSU's stocks falling?

Business Standard LogoBusiness Standard4d ago

Petronet LNG share price tumbles 7%; why are the PSU's stocks falling? - Business Standard

Quick Summary:

Petronet LNG share price: According to reports, PNGRB said that despite Dahej's plan to expand its capacity to 22.

The public sector enterprise reported a revenue growth of 3.92 per cent Y-o-Y, at Rs 13,024.29 crore, from Rs 12,532 crore registered in Q2FY24.

The brokerage has maintained its ‘Sell’ rating on Petronet LNG stock with a share price target of Rs 310.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 11:35:07 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24813762

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 298 posts per day

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News Last Updated: 5 hours ago

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Publisher ID: #49

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