Buy Petronet LNG; target of Rs 362: Motilal Oswal
Motilal Oswal's research report on Petronet LNGPLNG has corrected ~11% over the last seven months, primarily due to: 1) Qatar Energy's declaration of force majeure; 2) elevated spot LNG prices, averaging ~USD19-20/mmbtu in 1HFY27’YTD (vs. ~USD12/mmbtu in FY26), raising the risk of slowdown in gas d…