Petronet has a deal to purchase 7.5 mtpa of LNG from Qatar and 1.44 mtpa from Exxon Mobil Corp's XOM.N Gorgon project in Australia. This marks the first time an Indian LNG aggregator has concluded a spot cargo tender priced off WIM, S&P Global Platts said in a statement Sept. 29. The company adopted the new tax regime last year, which lowered its net tax liability, boosting year-ago quarter's profit. A total of 55,841 shares changed hands on the counter till 12:46PM (IST), Petronet LNG Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. A total of 59,911 shares changed hands on the counter till time (IST). Total volumes were up 1.6% YoY, 33.7% QoQ … Promoters held 50.0 per cent stake in the company as of 30-Jun-2020, while FII and DII ownership stood at 29.15 per cent and 7.83 per cent, respectively. Petronet LNG was formed as a joint venture by the Government of India to import LNG and set up LNG terminals in the country, involving India's leading oil and natural gas industry players like GAIL (India) (holds 12.50% stake), Oil & Natural Gas Corporation (ONGC) (holds 12.50% stake), Indian Oil Corporation (IOCL) (holds 12.50% stake) and Bharat Petroleum Corporation (BPCL) (holds 12.50% stake). Investment Checklist. PLL is adopting and inculcating values such as integrity, excellence, sustainability, trust & care and team work as value system Team. MD&CEO Selection ResultThe board of directors of PLL has selected Shri Akshay Kumar Singh (Application ID - 201908003330) for the post of MD&CEO, PLL in its board meeting held on 04thNovember 2020, "To be a key energy provider to the nation by leveraging company's unique position in the LNG value chain alongwith an international presence.". The special interim dividend shall be payable on and from December 07, 2020. Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. Appointment of Director (Technical) on the Board of Petronet LNG Limited, Disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015 regarding signing of non-binding Memorandum of Understanding (MoU) with Ministry of Petroleum & Natural Gas for undertaking Compressed Bio-Gas (CBC) Projects. Prabhudas Lilladher is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 399 in its research report dated November 12, 2020. NSEI:PETRONET Return on Capital Employed October 1st 2020 . undefined: Positive news for companies like Petronet LNG.... India to get Rs 2 trillion investments for compressed biogas units: Pradhan JBM Group, Adani Gas, Torrent Gas and Petronet LNG among companies that will set up the unit.Any panic on monday should be used to accumulate Petronet.Will surely reward positional traders.Rising delivery volume of 57% seen here Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 38077.50 Crore) operating in Gas & Petroleum sector. Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. Petronet LNG Rating Buy- A robust showing by the company. India's Petronet LNG Ltd has no plans to invest in liquefied natural gas developers as the market is awash with cheaper fuel, its finance chief said, indicating … PETRONET LNG: Stock surges to a 10-week high after strong 2Q earnings. A total of 14,072 shares changed hands on the counter till 10:36AM (IST). In view of the above, the Trading Window for trading in PLL s securities which was closed from 1st October 2020 shall remain closed till 6th November 2020 (both days inclusive). 14th September, 2020 consequent upon completion of five years tenure as MD & CEO. The special interim dividend shall be payable on and from December 07, 2020. The post fell vacant after Prabhat Singh completed his term. Get detailed Petronet LNG stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA. The LNG cargo will be delivered to Petronet's Dahej or Kochi terminal. Find Petronet Lng news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. ICICIPRULI -2.79%. Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 37897.50 Crore) operating in Gas & Petroleum sector. The post fell vacant after Prabhat Singh completed his term. India's biggest gas importer Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries, its managing director said. Outcome of Quarterly Results and Special Interim Dividend, Intimation for Special Interim Dividend for Financial Year 2020-21, record date and dividend payment date, Unaudited Financial Results for quarter/ half year ended 30th September, 2020, Intimation regarding appointment of Shri Rakesh Chawla, GGM & President (Finance) as Chief Financial Officer of the Company in place of Shri V.K. Petronet adopted the Platts West India Marker (WIM) for a tender to buy an LNG spot cargo for November delivery. A total of 99,271 shares changed hands on the counter till 01:18PM (IST). In the above chart we have measured Petronet LNG's prior ROCE against its prior performance, but the future is arguably more important. 14th September, 2020 till such time the new incumbent joins as MD & CEO of the Company. For more details, kindly Click here. The stock’s last traded price is Rs 252.35. Petronet, the country’s top gas importer, has time until December-end to consider investing $2.5 billion for 5 million tonnes per annum (mtpa) of LNG in Tellurian’s Driftwood project. View our latest analysis for Petronet LNG . (F), Whatever's been going on in international market in the gas sector is good for India: MD & CEO, No 'take or pay' clause in new contract with RasGas: Petronet, Spot LNG Sourcing - MSPA eligibility criteria, Create and manage world class LNG infrastructure, Pursue synergetic business growth opportunities, Maximize value creation for the stakeholders, Maintain highest standards of business ethics and values. After the conclusion of a board meeting on Wednesday, Petronet LNG said, “The board of directors of PLL has selected Shri Akshay Kumar Singh for the post of MD&CEO, PLL in its board meeting held on 04th November 2020.” PETRONET LNG LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2020 ,inter alia, to consider and approve Pursuant to Code of conduct for prevention of Insider Trading in the Securities of PLL (PLLs Code) as well as circular issued by the stock exchanges dated 2nd April 2019, it was informed to the Stock Exchanges vide letter dated 22nd June 2020 that the Trading Window for dealing in securities of PLL would be closed, for all Insider as per PLL s Code, from 1st October 2020 till 48 hours after the financial results for the quarter ended 30th September 2020 would become generally available to the Public. You can switch off notifications anytime using browser settings. Most Read. Rupee settles 13 paise lower at 73.81 against US dollar, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. PETRONET LNG LIMITED : News, information and stories for PETRONET LNG LIMITED | MUMBAI STOCK EXCHANGE: 532522 | MUMBAI STOCK EXCHANGE Intrinsic Value. 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Get today's Petronet LNG stock news. For reprint rights: Times Syndication Service, ICICI Prudential Bluechip Fund Direct-Growth, Mirae Asset Emerging Bluechip Fund Direct-Growth, Stock Analysis, IPO, Mutual Funds, Bonds & More, Board Meeting : Preferential Issue of shares. It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA. All Insiders have been advised not to deal with the securities of PLL during this period. As Indianmandarins had reported firston 22 October 2020 (CLICK To READ) the IOCL candidate finally wins the race. Place Order. Emkay Global has given a buy rating to Petronet LNG with a target price of Rs 300.