Petronet LNG Intraday Buy Call

Petronet LNG Intraday Buy CallTechnical analyst Rajesh Jain has maintained 'buy' rating on Petronet LNG Limited stock to attain a target of Rs 140.

According to analyst, the interested investors can buy the stock at current levels.

The stock of the company, on May 03, closed at Rs 133.60 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 8.26 and 15.51 respectively.

The share price has seen a 52-week high of Rs 140.80 and a low of Rs 76.60 on BSE.

Petronet LNG recorded a growth of 2.12 times in its net profit for the three month period ended March 2011.

The net profit of the country's fastest growing world class company in the Indian energy sector surged to Rs 2,062.75 million for January-March period as against Rs 972.93 million for the same period of 2010.

The company's total income grew by 66.10% to Rs 40,173.30 million for the period under review as against Rs 24,186.35 million during the same period of last year.