Petronet LNG: Are you looking only towards multibagger companies to get rich from investment in the year 2025 or to get huge returns? Never make such a mistake. Shares of a government company are also going to rise at the speed of a storm. In a few days they will rise so high that they will fill your house. These shares belong to Petronet LNG, a Government of India company. Brokerage house Incred sees them rising by 58.2 percent in the coming days. However, they fell by 9.57 percent in the last three months. Even in the last six months, there was a one percent decline in the shares of this company.
Gave 44 percent return in a year
There is still a downward trend in the shares of Petronet LNG. After the market closed on Thursday, its shares were in a downward trend but closed with a gain of two percent on Friday. PNG Regulatory Board, the regulatory agency of Petroleum and Natural Gas in the Government of India, had recently made strong remarks against this company. It was said that this company earns profits at the expense of customers. This is believed to be the reason for the current decline. Still, if we look at the history of earnings from the shares of this company, it has given a return of 44 percent in a year. The year’s high level of Petronet LNG shares was Rs 384 and the lowest level was Rs 225.
There is possibility regarding upcoming projects
The possibility of rise in the shares of Petronet LNG is being expressed due to its upcoming projects. Petronet LNG has informed on the PNGRB website that it is going to promote LNG supply through terminals located in India. With this, both the business and profits of this company are likely to increase. On Friday, Petronet shares closed at Rs 329 45 paise.
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