"Petronet - LNG का बादशाह, Energy का भविष्य! हर Contract से नई ऊँचाइयों की उड़ान।"

Technical Analysis: Stock trades above key supports at ₹273-275 with pivot at ₹276-293; resistance at ₹280-300. RSI neutral, positive momentum from 50-day MA crossover; daily volatility 1.64% suits short-term accumulation. Recent bounce from ₹264 low signals reversal with higher volumes.

Fundamental Analysis: Market cap ₹41,438 Cr, P/E 11.3 (peer median 20.8), ROE 21.2%, ROCE 25.4%, dividend yield 3.62%. FY25 revenue ₹50,982 Cr (down 14% TTM), profit ₹3,973 Cr, EPS ₹26.48; healthy payout 38-41% but sales growth lags at 7.54% over 5 years. Recent Buying Pressure Reasons: Continuous 3-day buying stems from Dec 2025 open interest surge +4% price jump on 15-year ONGC ethane deal (₹5,000 Cr revenue over term, starts FY29). Dahej terminal expansion to 22.5 MMTPA by Mar 2026 + Exxon 500kT LNG supply boosts sentiment; traders position for ethane/propane infra growth. Positive News & Events Impact: ONGC Ethane Deal (Dec 4): 15-year term sheet for Dahej USH facilities; first-of-kind jetty for ethane/LNG; +4% stock spike. Dahej Expansion: 750 KTPA PDH + 500 KTPA PP plant via ₹12,000 Cr SBI/BoB loan (Dec 10). Exxon LNG: 500kT supply in 2026 supports capacity ramp-up. Impact: Diversifies beyond LNG, targets petrochemical chain; 33% India gas supply share strengthens. Positive Points Leader in LNG regasification (Dahej/Kochi 22.5 MMTPA, 75% imports). Strong balance sheet: Low debt, 50% promoter holding (GAIL/IOCL/HPCL/ONGC). High ROCE/ROE + consistent dividends attract income investors. Negative Points Sales decline FY24-25 (₹59k Cr to ₹47k Cr TTM); poor 5-yr growth 7.54%. GST demand ₹6.7 Cr (Dec 11, company disputes no material impact). Recent 52-wk low ₹264 amid downtrend pressure.