SBICAP Securities suggests that Petronet LNG Ltd. Buy the stock at a target price of Rs. 300.0. Petronet LNG Ltd. . The current market price of Rs is 256.3. The time period has been fixed by the market expert, when Petronet LNG Ltd. The price can reach its defined target. Investors are instructed by SBICAP Securities to keep stoploss and strictly follow it.
Petronet LNG Ltd., incorporated in the year 1998, operating in the Gas & Petroleum sector, is a large cap company (market cap – Rs. 38445.00 crore).
For the quarter ended 30-06-2019, the company reported organized sales – Rs 8613.44 crore, up 2.75%, last quarter sales – from Rs 8383.20 crore, and -6.06% down on same quarter sales last year – Rs 9169.15 From crores. The company has reported net profit after tax of Rs 560.27 Crore in latest quarter.
Market Expert CK Narayan of Chart Advise
Dr. Reddy’s Laboratories Ltd., incorporated in the year 1984, is a large cap company (market cap – Rs 46726.00 crore) operating in the pharmaceuticals sector.
For the quarter ended 30-06-2019, the company reported consolidated sales – Rs 3843.60 crore, down -4.31%, last quarter sales – Rs 4016.60 crore, and up 3.30% from last year same quarter sales – Rs 3720.70 From crores. The company has reported net profit after tax of Rs 660.20 Crore in latest quarter.
As on 30-09-2019, the company has a total of 166,145,748 shares outstanding.