Friday, March 5, 2010

Petronet LNG in demand as Govt mulls exemptions

MUMBAI (Commodity Online): Importer of liquefied natural gas, Petronet LNG Ltd (BOM:532522) gained on the bourse today as the government is looking to exempt natural gas from import duties.

Petronet LNG jumped over 4% on the Bombay Stock Exchange (BSE) today to Rs.78.35 up by close to 4.5%. Meanwhile, the BSE Sensex was almost flat at 16,978 points. The stock hit a high of Rs.79.15 and a low of Rs.75.35 so far during the day.

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