Nomura Maintains Buy Rating on Petronet LNG, Keeps Rs 345 Target
Petronet LNG reported second-quarter FY27 EBITDA up 41% year on year and 3% above Nomura’s estimate; the brokerage maintained its Buy rating and Rs 345 target price.
Petronet LNG reported strong second-quarter FY27 results, driven by a recovery in volumes, with EBITDA rising 41% year-on-year and coming in 3% above Nomura's estimate. The brokerage has maintained its 'Buy' rating on the stock and retained its target price of Rs 345.In a quick note dated November…