Petronet LNG declares 70% dividend amid 49% price rally
after close1 source ↓written by the desknot a recommendation
- of ₹7.00
- 70% interim dividend
- date set
- 14 November
- in share price
- 49% upside
- 0.52%
Petronet LNG has announced a 70% interim dividend of ₹7.00 per share for FY26, with a record date set for 14 November. Analysts project a 49% upside in share price due to strong quarterly earnings and capex investments. Currently, shares are trading at ₹278.45, down 0.52%.
This dividend declaration may enhance investor sentiment and provide a solid return for shareholders in the upcoming quarter.
Not investment advice. For informational purposes only.