2018: PETRONET LNG LTD: Ex-dividend day for final dividend: FA. As Indianmandarins had reported first on 22 October 2020 (CLICK To READ) the IOCL candidate finally wins the race. NSEI:PETRONET Return on Capital Employed October 1st 2020 . In absolute terms that's a great return and it's even better than the Oil and Gas industry average of 6.1%. 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. Portfolio. Filing complaint not easy, Xiaomi turns profitable in third year in India. We cover the latest Petronet LNG headlines and breaking news impacting Petronet LNG stock performance. Petronet LNG News, Petronet LNG Latest News, Results, Updates and Analysis on NDTV Profit. Petronet LNG backs out of plan to invest in Tellurian terminal Petronet LNG has distanced itself from an investment in Tellurian Inc’s proposed Driftwood LNG terminal.Speaking to reporters a … The selection committee meeting held on 4 November selected Akshay Kumar Singh (Director, Pipelines, IOCL) as new MD & CEO of LNG Petronet.. Stock Market. 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). Petronet LNG reported Q2FY21 results that was better than our estimates on volume and profitability front. PETRONET LNG LIMITED : News, information and stories for PETRONET LNG LIMITED | MUMBAI STOCK EXCHANGE: 532522 | MUMBAI STOCK EXCHANGE Dolat Capital Market recommended accumulate rating on Petronet LNG with a target price of Rs 287 in its research report dated November 12, 2020. As of 30-Jun-2020, promoters held 50.0 per cent stake in the company, while FIIs held 29.15 per cent and domestic institutional investors had 7.83 per cent. Petronet has a deal to purchase 7.5 mtpa of LNG from Qatar and 1.44 mtpa from Exxon Mobil Corp’s Gorgon project in Australia. State-owned Petronet LNG said on Wednesday its board will consider declaration of special interim dividend on 11 November. Latest Petronet LNG Ltd News and Updates, Special Reports, Videos & Photos of Petronet LNG Ltd on The Hindu BusinessLine. Get detailed Petronet LNG stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. 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. A total of 25,393 shares changed hands on the counter till time (IST). Certificate under Regulation 74(5) is enclosed for your information and record, Compliance certificate for half year ended 30th September 2020 is enclosed. Buy Petronet LNG, target price Rs 300: Emkay Global A total of 34,651 shares changed hands on the counter till 12:26PM (IST). On the other side, as a responsible Corporate, PLL cares for society and takes humble initiatives primarily in and around its operational areas in thrust area of education, health, community development, environment and rural infrastructure. Petronet LNG share price live updates on The Economic Times. 14th September, 2020 consequent upon completion of five years tenure as MD & CEO. Government has recently announced that In order to reduce diesel consumption by the transport sector they are setting up 6000 kilometres of LNG fuelling stations linking highways of four metro regions in next few years; talk to us how this plan of the government give a boost to your overall volumes.What's the potential of such a plan for your own business. 251.25 4.75 (-1.85 %) Place Order. A total of 99,284 shares changed hands on the counter till 12:56PM (IST). The stock’s last traded price is Rs 252.35. Petronet LNG Rating Buy- A robust showing by the company. Rupee settles 13 paise lower at 73.81 against US dollar, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. Place Order. A total of 99,271 shares changed hands on the counter till 01:18PM (IST). 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. In the above chart we have measured Petronet LNG's prior ROCE against its prior performance, but the future is arguably more important. Kindly Click here, Voting Results and Scrutinizer Report is attached, Proceedings in terms of Part A Schedule III of SEBI LODR is attached. Petronet LNG Ltd has informed BSE that the Company has fixed November 24, 2020 as the Record Date for the purpose of Payment of Special Interim Dividend. 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. Markets Today Top Gainers IGL 10.77%. PETRONET LNG: Stock surges to a 10-week high after strong 2Q earnings. Get today's Petronet LNG stock news. Petronet LNG Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 32325.00 Crore) operating in Gas & Petroleum sector. All Insiders have been advised not to deal with the securities of PLL during this period. With increase in life expectancy, do you think retirement age should be increased too? New Delhi: The Board of Directors of Petronet LNG Ltd has chosen Akshay Kumar Singh as the new Chairman and Managing Director (CMD) of Petronet LNG Ltd. 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.” 2018: PETRONET LNG LTD: Ex-dividend day for extraordinary dividend: FA. PLL always encourages and adopts best business processes and industrial practices such as extensive use of ERP system. Find Petronet Lng news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. 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. Intrinsic Value. PETRONET, BSE:532522- Keep track of all breaking news on Petronet LNG Ltd. from all sources at a single place. A total of 17,096 shares changed hands on the counter till 11:34AM (IST). 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. Petronet LNG's consolidated net profit dropped 15.6% to Rs 919.47 crore on a 33.4% decline in net sales to Rs 6,235.78 crore in Q2 September 2020 over Q2 September 2019. (ii) The Board, in its Meeting held on 2nd September, 2020, have entrusted the additional charge of MD & CEO to Shri Vinod Kumar Mishra (DIN: 08125144), Director (Finance) of the Company w.e.f. Petronet expects India's LNG imports to reach as high as 50 million mt by 2030, more than double the current 22 million-23 million mt. Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. Fasal Bima profits of private insurers jump, as state govts, state-run firms falter . Check out why Petronet LNG share price is falling today. Deduction of tax at source on Final Dividend FY 2019-20, Press Release Q2 2020-21 Financial Results, See 5% tariff hike in Jan aid topline; no renewal contracts pending: MD & CEO, We are expanding capacity: Petronet LNG: Dir. The company announced its quarterly results on Monday with volumes falling 15.9 per cent year-on-year to 190 trillion British thermal units (tbtu) as LNG offtake was reduced during the lockdown. CLSA upgraded the stock to outperform from underperform and raised FY21 EPS estimates by 3% with target unchanged at `270/share. The company adopted the new tax regime last year, which lowered its net tax liability, boosting year-ago quarter's profit. 2019: PETRONET LNG LTD: Ex-dividend day for final dividend: FA. 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. Emkay Global has given a buy rating to Petronet LNG with a target price of Rs 300. Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. The post fell vacant after Prabhat Singh completed his term. Petronet LNG Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2020. The special interim dividend shall be payable on and from December 07, 2020. 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. Petronet LNG Ltd. PETRONET. Search. Petronet LNG Ltd. News. 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. Jul 11, 2016, 19:05 PM IST Petronet Lng Latest breaking news, pictures, photos and Video News. 2017: PETRONET LNG: ExxonMobil slashes LNG price to India in … CADILAHC 6.58%. Therefore, Petronet LNG has an ROCE of 21%. Account. Switch to. Petronet LNG to gain from higher LNG usage going forward. 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.". Explore more on Petronet Lng. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now. Independent Director's Appointment Letter, Familiarisation Programme For Independent Directors, Communication to shareholders w.r.t. Home. Watchlist. A total of 141,167 shares changed hands on the counter till 01:48PM (IST). ICICIPRULI -2.79%. The selection committee meeting held on 4 November selected Akshay Kumar Singh(Director, Pipelines, IOCL) as new MD & CEOofLNG Petronet. 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 Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 33135.00 Crore) operating in Gas & Petroleum sector. Total volumes were up 1.6% YoY, 33.7% QoQ … You can switch off notifications anytime using browser settings. PLL is adopting and inculcating values such as integrity, excellence, sustainability, trust & care and team work as value system Team. 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. (i) Shri Prabhat Singh (DIN: 03006541) has ceased to be the MD & CEO of the Company w.e.f. 14th September, 2020 till such time the new incumbent joins as MD & CEO of the Company. (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. Top Losers DMART -3.53%. Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. On Wednesday, Petronet's scrip on NSE closed 0.6% higher at ₹226. 14180). With an objective of foraying into green energy and bio fuels, Petronet LNG on 20 November 2020 signed a non-binding pact with Ministry of Petroleum & Natural Gas for … Most relevant news about PETRONET LNG LIMITED: 2019: PETRONET LNG LIMITED: Ex-dividend day for extraordinary dividend: FA. A total of 59,911 shares changed hands on the counter till time (IST). 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. Here’s how, Govt in no mood to relent on personal guarantee, wiggle room for Anil Ambani is shrinking fast, Up 341% YTD, this midcap pharma stock has just got more attractive, US court overthrows H-1B visa program changes, says administration's causes unjustified, Bitcoin tops $16,000-mark! 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Investment Checklist. 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). 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 News, Petronet LNG Latest News, Results, Updates and Analysis on NDTV Profit. 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. 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. On the technical charts, the 200-day moving average of the stock stood at Rs 247.89. Rakesh Jhunjhunwala's Rare Enterprises has acquired five million shares in the company yesterday at an average price of `57.73/share as per NSE data. View our latest analysis for Petronet LNG . Articles on Petronet LNG Ltd, Complete Coverage on Petronet LNG Ltd Petronet adopted the Platts West India Marker (WIM) for a tender to buy an LNG spot cargo for November delivery. 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., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 37897.50 Crore) operating in Gas & Petroleum sector. Here's a word of advice for investors, China's Ant considers Paytm stake sale amid tensions with India: Report, Overcharged despite GST cut? A total of 14,072 shares changed hands on the counter till 10:36AM (IST). Petronet LNG Ltd has informed BSE that the Company has fixed November 24, 2020 as the Record Date for the purpose of Payment of Special Interim Dividend. Intrinsic value is the calculated value of the company and may differ from current stock price. The LNG cargo will be delivered to Petronet's Dahej or Kochi terminal. On the technical charts, the 200-day moving average of the stock stood at Rs 249.28. 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. Advertisement . As Indianmandarins had reported firston 22 October 2020 (CLICK To READ) the IOCL candidate finally wins the race. This is for your kind information and record please. Petronet LNG plans $3 billion investment push overseas. In terms of Regulations 40 (10) of SEBI (LODR) Regulations, 2015, we enclose herewith Compliance Certificate as per Regulation 40(9) of SEBI (LODR) Regulation, 2015 for the half year ended 30th September, 2020 issued by CS Anuradha Jain, a Practicing Company Secretary (CP No.