Large-cap stock declares 7 per share dividend, yield goes to 3.28%
With a market valuation of 31,822.50 Cr, Petronet LNG Ltd. is a large-cap company that operates in the energy industry.20-11-2022
20-11-2022
Buy Petronet LNG; target of Rs 297: Motilal Oswal
Motilal Oswal is bullish on Petronet LNG recommended buy rating on the stock with a target price of Rs 297 in its research report dated November 10, 2022.16-11-2022
PETRONET LNG LTD. - 532522 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
This is with reference to our intimation dated 7th November 2022 and 11th November 2022 intimating holding Conference Call of the Company scheduled on Thursday, 10th November 2022 at 12:30 PM (IST) for unaudited Financial Results of the Company for the quarter and half-year ended 30th September 2022 and uploading audio recording post Conference Call respectively. In terms of provisions of Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the transcript of above conference call as Annex-1.16-11-2022
Buy Petronet LNG; target of Rs 248: Sharekhan
Sharekhan is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 248 in its research report dated November 10, 2022.15-11-2022
PETRONET LNG LTD. - 532522 - Communication To Shareholders Regarding Deduction Of Tax At Source (TDS) On Special Interim Dividend For The Financial Year 2022-23
In terms of Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed herewith the communication sent to the shareholders regarding deduction of tax at source (TDS) on special interim dividend for the financial year 2022-23, declared by the Board in its Meeting held on 9th November 2022. Copy of the above said communication is also available on the website of the Company at https://www.petronetlng.in/PDF/TDS/TDS%20circular%20for%20website.pdf14-11-2022
PETRONET LNG LTD. - 532522 - Audio Recording Of Post-Results Conference Call Held On 10.11.2022
This is with reference to our intimation dated 7th November 2022 intimating holding Conference Call of the Company scheduled on Thursday, 10th November 2022 at 12:30 P.M. (IST) for unaudited Financial Results of the Company for the quarter and half-year ended 30th September 2022. In terms of provisions of Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the link for the audio recording of the above concall as under: https://www.petronetlng.in/prcc.php11-11-2022
Petronet LNG Q2 results: Net profit down 10%, but turnover highest
The company is currently expanding capacity by 9 million tonnes at its LNG terminals in Dahej, and Kochi10-11-2022
PETRONET LNG LTD. - 532522 - Intimation Of Record Date Pursuant To Regulation 42 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Purpose Of Special Interim Dividend For The Financial Year 2022-23
Pursuant to the Regulation 42 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Record date has been fixed as Tuesday, 22nd November 2022 for the purpose of ascertaining the entitlement of Members to the Special Interim Dividend of Rs. 7/- (Rupees Seven only) per share (on the face value of Rs. 10/- each) on the equity shares of the Company for the financial year 2022-23 declared by the Board of Directors of the Company in their meeting held on 9th November 2022. The above said declared special interim dividend shall be paid on Monday, 5th December, 2022. The dividend warrants would be posted on Monday, 5th December, 2022 and within 30 days from the date of declaration of special interim dividend as provided in the Companies Act, 2013.10-11-2022
Petronet Q2 net profit falls 4% to Rs 785 cr as natural gas volumes drop
Petronet LNG Ltd on Thursday reported a 4 per cent fall in its September quarter net profit as volumes dropped on a spurt in global natural gas prices. Consolidated net profit stood at Rs 785.73 crore in July-September as against Rs 817.61 crore a year back, according to a company's stock exchange filing. Petronet chief executive officer Akshay Kumar Singh during a conference call said global energy rates spurred after the Ukraine war, but rates have begun to soften in the last 10-15 days. The rise in spot or current market liquefied natural gas (LNG) prices led to volume drop as users couldn't afford higher rates. Petronet is India's largest LNG importer and the gas it imports is supplied to fertilizer plants and other industries for use. Its flagship Dahej terminal in Gujarat processed 182 trillion British thermal units (TBTUs) of LNG during July-September as against 196 TBTU during the previous quarter ended June 30 and 225 TBTU during the corresponding quarter ended September10-11-2022
PETRONET LNG LTD. - 532522 - Investment Approval For Setting Up Of FSRU Based LNG Terminal At Gopalpur Port, Distt. Ganjam, Odisha
Board of Directors of the Company, in its Meeting held on 09.11.2022, inter-alia, accorded investment approval for setting up of FSRU based LNG terminal with capacity of ~4 MMTPA at Gopalpur Port (phase-1) with provision for conversion to land based terminal, at a total project cost of approx. Rs. 2,306 crore (including taxes and duties). The other information is as under: (i) Existing Capacity: Not applicable as this is Company's first greenfield LNG terminal at East coast of India at Gopalpur Port, Distt. Ganjam, Odisha (ii) Existing Capacity utilization: Not applicable in view of point (i) above. (iii) Proposed Capacity addition: ~4 MMTPA (iv) Period within which the proposed capacity to be added: approx. 3 (three) years (v) Investment required: approx. Rs. 2,306 crore (including taxes and duties) (vi) Mode of financing: Debt and Equity (vii) Rationale: Company's first greenfield LNG terminal at East coast of India at Gopalpur Port, Distt. Ganjam, Odisha10-11-2022