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Petronet LNG gains after strong quarterly earnings (12:30, 27 Jan 2012)

The company announced the results during trading hours today, 27 January 2012.

Meanwhile, the BSE Sensex was up 85.57 points, or 0.5% to 17,162.75.

On BSE, 8.09 lakh shares were traded in the counter as against average daily volume of 2.21 lakh shares in the past one quarter.

The stock hit a high of Rs 169.50 and a low of Rs 164.50 so far during the day. The stock had hit a record high of Rs 185.85 on 24 August 2011. The stock had hit a 52-week low of Rs 105.10 on 24 February 2011.

The stock had underperformed the market over the past one month till 25 January 2012, rising 1.99% compared with Sensex's 8.5% rise. The scrip had, however, outperformed the market over the past one quarter, gaining 1.74% as against Sensex's 1.03% fall.

The large-cap company has an equity capital of Rs 750 crore. Face value per share is Rs 10.

Petronet LNG set up the country's first LNG receiving and regasification terminal at Dahej in Gujarat.

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