Share price of Petronet LNG Ltd. jumps as Sensex gains 101.85 points
Share price of Petronet LNGNSE 1.45 % Ltd. gained 0.86 per cent to Rs 264.0 at 10:20AM (IST) in Thursday’s trade. The stock hit a high of Rs 267.3 and low of Rs 258.0 so far during the session. The stock had closed at Rs 261.75 in the previous session.
The counter had a total traded volume of 10:20AM shares so far with a turnover of Rs 0.58 crore on BSE. The stock traded at a price-to-earnings multiple of 14.19 and a price-to-book ratio of 3.88.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
