Petronet LNG tanks as ADB exits
By
Research Desk
about 10 years ago
Petronet LNG has shown a 225 times jump in volumes with stock price coming down little below 2.5% currently at Rs.188.30. Intra day low is at Rs.183.20.
The stock has tanked and shown such huge volumes Asian Development Bank (ADB), via a block deal, will be selling 5.2% stake in the company to raise US$120 million. With this, ADB will cease to have any holding in Petronet