Going ahead, analysts expect natural gas prices to stay elevated in the backdrop of developments in West Asia. In March alone, prices of natural gas have climbed 16 per cent to $3.277/MMBtu
US President Donald Trump said the war against Iran was "very complete", adding that the US is considering taking control of the Strait of Hormuz
The rising concerns over the prolonged closure of the Strait of Hormuz have raised fears of a liquefied natural gas (LNG) shortage
Iran war impact: Nomura sees windfall gains for refiners like RIL but margin squeeze for Indian Oil, BPCL and HPCL amid rising crude and gas disruptions
Stocks to Watch today: OMCs, Garden Reach, Petronet LNG, SAMHI Hotels, DCX Systems, JK Tyre and Dr Reddy's are among the stocks to watch today, March 06, 2026
Petronet LNG issued force majeure to QatarEnergy and its off-takers after LNG production was halted amid the West Asia crisis, saying the impact cannot be estimated at this point
The Islamic Revolutionary Guard Corps (IRGC) has announced the closure of the Strait of Hormuz (SoH), warning that any vessel attempting to transit the waterway would be targeted
Qatar is India's largest supplier of imported natural gas. Qatar supplies about 40 per cent of the nearly 27 million tonnes of (LNG) that India imports annually
Angel One Equity Technical Analyst Rajesh Bhosale said that NTPC has an overall strong trend, and Petronet is trading above all major moving averages, reinforcing a positive bias
Stocks to watch today, Friday, February 13, 2026: Market participants will keep an eye on SpiceJet, Coal India, Biocon, Infosys, Mishra Dhatu Nigam, Indraprastha Gas share prices today
Petronet LNG Ltd, India's biggest liquefied natural gas importer, on Thursday reported a 5 per cent rise in the December quarter net profit as usage at its Kochi terminal rose to an all-time high. Net profit of Rs 848 crore in October-December 2025 - the third quarter of the current 2025-26 fiscal year - compared with Rs 806 crore earnings in the same period a year back, a company statement said. The company which operates two facilities at Dahej in Gujarat and Kochi in Kerala for import of natural gas in its liquid form (LNG), saw overall volume throughput rise by 2 per cent to 228 trillion British thermal units. "Capacity utilisation of the (17.5 million tonnes a year) Dahej terminal stood at 94 per cent in the current quarter, up from 92 per cent in the previous quarter and 93 per cent in the corresponding quarter," it said. "The (5 million tonnes a year) Kochi terminal achieved the highest ever capacity utilization of 29 per cent in the current quarter. Kochi operations have be
Petronet LNG chief says any additional US LNG imports will hinge on pricing; Q3 consolidated net profit declines 2.4% to Rs 845.50 crore
Reliance Industries was the biggest dragger on the Nifty Oil & Gas Index, while ONGC helped limit the losses on Tuesday.
OMC's are well positioned to benefit from fall in crude prices, improvement in refining margins, fuel consumption growth and petchem demand growth in India.
Petronet LNG is developing ethane unloading, storage and handling (USH) facilities with ethane storage tank capacity of 1,70,000 cubic meters at Dahej, Gujarat
According to Nuvama, the outlook for OMCs is clouded by high capital expenditure commitments and rising under-recoveries, which are set to keep return ratios suppressed.
On the bourses around 10:15 AM, Petronet LNG shares were struggling as the scrip was trading 1.31% lower at ₹273.95. In comparison, BSE Sensex was trading 0.29% lower at 83,289.99 levels.
Nomura has maintained its Nifty target for March 2026 at 26,140, implying a modest upside of 4 per cent from current levels, based on a FY27F earnings per share (EPS) estimate of ₹1,245.
Analyst at Bonanza recommends IGL, Uno Minda, Petronet LNG to buy today; here's why