Latest news with #PetronetLNGLtd
Time of India
3 days ago
- Business
- Time of India
Deepak Fertilisers inks pact with Petronet LNG for regasification
Synopsis Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) has forged a five-year agreement with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). Petronet LNG will regasify around 25 TBTUs of LNG annually, mainly at its Dahej terminal.
Business Standard
5 days ago
- Business
- Business Standard
Volumes spurt at Neuland Laboratories Ltd counter
Neuland Laboratories Ltd registered volume of 4783 shares by 10:46 IST on BSE, a 3.09 fold spurt over two-week average daily volume of 1548 shares Petronet LNG Ltd, Sterling & Wilson Renewable Energy Ltd, Dr Lal Pathlabs Ltd, HFCL Ltd are among the other stocks to see a surge in volumes on BSE today, 09 July 2025. Neuland Laboratories Ltd registered volume of 4783 shares by 10:46 IST on BSE, a 3.09 fold spurt over two-week average daily volume of 1548 shares. The stock rose 2.47% to Rs.11,962.55. Volumes stood at 1249 shares in the last session. Petronet LNG Ltd registered volume of 8.3 lakh shares by 10:46 IST on BSE, a 2.62 fold spurt over two-week average daily volume of 3.17 lakh shares. The stock rose 0.25% to Rs.305.80. Volumes stood at 47163 shares in the last session. Sterling & Wilson Renewable Energy Ltd notched up volume of 3.47 lakh shares by 10:46 IST on BSE, a 2.33 fold spurt over two-week average daily volume of 1.49 lakh shares. The stock rose 4.86% to Rs.320.30. Volumes stood at 99122 shares in the last session. Dr Lal Pathlabs Ltd recorded volume of 13671 shares by 10:46 IST on BSE, a 2.13 times surge over two-week average daily volume of 6422 shares. The stock gained 3.85% to Rs.2,991.30. Volumes stood at 4213 shares in the last session. HFCL Ltd witnessed volume of 8.83 lakh shares by 10:46 IST on BSE, a 2 times surge over two-week average daily volume of 4.41 lakh shares. The stock increased 0.23% to Rs.83.28. Volumes stood at 6.44 lakh shares in the last session.
Business Standard
24-06-2025
- Business
- Business Standard
Petronet LNG Ltd spurts 1.28%, up for third straight session
Petronet LNG Ltd is quoting at Rs 300.15, up 1.28% on the day as on 12:49 IST on the NSE. The stock is down 5.67% in last one year as compared to a 6.4% gain in NIFTY and a 10.95% gain in the Nifty Energy index. Petronet LNG Ltd rose for a third straight session today. The stock is quoting at Rs 300.15, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.07% on the day, quoting at 25239.9. The Sensex is at 82763.96, up 1.06%. Petronet LNG Ltd has dropped around 5.7% in last one month. Meanwhile, Nifty Energy index of which Petronet LNG Ltd is a constituent, has dropped around 0.1% in last one month and is currently quoting at 35608.95, up 0.67% on the day. The volume in the stock stood at 9.86 lakh shares today, compared to the daily average of 19.91 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 299.8, up 0.91% on the day. Petronet LNG Ltd is down 5.67% in last one year as compared to a 6.4% gain in NIFTY and a 10.95% gain in the Nifty Energy index. The PE of the stock is 11.31 based on TTM earnings ending March 25.
Business Standard
18-06-2025
- Business
- Business Standard
Petronet LNG Ltd drops for fifth straight session
Petronet LNG Ltd is quoting at Rs 296.8, down 0.1% on the day as on 13:19 IST on the NSE. The stock tumbled 4.47% in last one year as compared to a 5.43% rally in NIFTY and a 12.35% fall in the Nifty Energy index. Petronet LNG Ltd fell for a fifth straight session today. The stock is quoting at Rs 296.8, down 0.1% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 24793.8. The Sensex is at 81377.76, down 0.25%.Petronet LNG Ltd has eased around 7.48% in last one Nifty Energy index of which Petronet LNG Ltd is a constituent, has eased around 0.29% in last one month and is currently quoting at 35836, down 0.69% on the day. The volume in the stock stood at 4.75 lakh shares today, compared to the daily average of 21.76 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 297.45, up 0.12% on the day. Petronet LNG Ltd tumbled 4.47% in last one year as compared to a 5.43% rally in NIFTY and a 12.35% fall in the Nifty Energy index. The PE of the stock is 11.33 based on TTM earnings ending March 25.
Time of India
04-06-2025
- Business
- Time of India
CGD to drive India's gas demand, set to become biggest consumer
India's city gas distribution sector is set to become the top natural gas consumer, overtaking fertiliser plants. This growth is fueled by expanding CNG and piped gas networks. Natural gas consumption is projected to increase significantly in the coming years. However, India will rely on LNG imports to meet the rising demand. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The city gas distribution (CGD) sector is expected to surpass fertiliser plants this year to become the largest consumer of natural gas in India, thanks to the fast growth of CNG and piped gas networks, industry leaders said on which encompasses supply of CNG as fuel to automobiles, and piping gas to household kitchens for cooking as well as to industries, accounts for 21.22 per cent of the near 200 million standard cubic meters per day of gas consumption in the country. Natural gas consumption is likely to rise to 300-250 mmscmd in the next 7-10 years, GAIL Director (Marketing) Sanjay Kumar said while speaking at the 11th CGD Conference here."Fertiliser sector consumes 60 mmscmd and this is likely to remain the same as no new fertiliser plants are on the anvil," he said."CGD sector consumption could go up to 100 mmscmd from 41.1 mmscmd usage in February/March 2025."Anjani Kumar, Head (Gas Origination & BD), Shell Energy LNG, said, "CGD could very well become the largest consumption sector this year itself."The CGD sector will drive India's ambition to raise the share of natural gas in energy basket to 15 per cent from the current 7 per domestic production is insufficient to meet the demand and the country has to necessarily rely on imports of liquefied natural gas (LNG).Gas demand, he said, has grown 35 mmscmd in the last three years and 80 per cent of this has been met through roughly half of the gas requirement is met through CGD sector is experiencing rapid growth, driven by government initiatives, increased infrastructure investments, and a shift towards cleaner energy sources. City gas licences have been given out for almost the entire country in the recent auctions. The country now has over 8,000 CNG stations and 1.5 crore households using piped natural gas for cooking Kumar said domestic gas production can rise to 130-135 mmscmd in next 4-6 years as per the projections made by the national oil companies. The production will "mature" by then and is unlikely to go up, he said. Petronet LNG Ltd MD & CEO A K Singh said the peak domestic production would not last long as fields mature. "We will be dependent on imported gas in future."Petronet operates two of the eight LNG import facilities in the country. Its Dahej import terminal in Gujarat is being expanded to 22.5 million tonnes per annum capacity from 17.5 million tonnes over the next 3-4 months."Dahej is the world's biggest LNG import terminal," he said, adding that though capacity-wise it ranks 7th or 8th in the world, but because of full capacity utilisation throughout the year, it is the world's busiest terminal."Dahej handles 270-275 cargoes in a year," he Dahej, Petronet has a 5 million tonnes a year import facility at Kochi in Kerala that even after 12 years of commissioning operates at only 20-25 per cent of its capacity as not all consumers in the vicinity are connected with pipelines to take the fuel, he said the Kochi to Bengaluru pipeline is likely to be completed by end 2025, which will help maximise utilisation of the import terminal.
