Technology

Petronet LNG Limited (PLL) is engaged in sale of re-gasified liquefied natural gas (RLNG). The company has been improving its revenues I n the last 3 years. PLL has been maintaining average dividend payout of average 20%.The company has a ROE of 21.8% and it is currently trading at a valuation P/Bv of 3x of FY19 TTM earnings. Hence BUY.

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