Petronet LNG rises post results; brokerages mixed on stock
The board of the company announced a final dividend of Rs 3.5 per share, in addition to an interim dividend of Rs 8 - totaling Rs 11.5 per share
BusinessToday.In | June 10, 2021 | Updated 17:05 IST
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Share of Petronet LNG rose 2 per cent to hit an intraday high of Rs 233.40 on BSE a day after the company reported numbers for the quarter ended March 2021.
For the quarter ended March 2021, the company reported an 11.6 per cent year-on-year (YoY) decline in revenue from operations at Rs 7,575 crore and the standalone profit was up 73.6 per cent YoY at Rs 623.4 crore.
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