Volumes were high on the counter. On the BSE, 9.26 crore shares were traded in the counter so far, compared with average daily volumes of 1.28 lakh shares in the past one quarter. The stock had hit a high of Rs 437.40 and a low of Rs 421 so far during the day. The stock hit a record high of Rs 458.80 on 22 May 2017. The stock hit a 52-week low of Rs 269.25 on 13 June 2016.

The stock had underperformed the market over the past one month till 7 June 2017, rising 2.62% compared with 4.47% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 13.09% as against Sensex's 8.10% rise. The scrip had also outperformed the market in past one year, rising 61.18% as against Sensex's 15.73% rise.

The large-cap company has equity capital of Rs 750 crore. Face value per share is Rs 10.

According to reports, GDF International offloaded its entire 10% stake, comprising 7.50 crore shares, in Petronet LNG in block trades today, 8 June 2017. GDF sold the shares in a price range of Rs 417-440 a share with the deal size of up to $512 million. GDF International distributes and markets liquefied natural gas.

The Indian government owned 50% stake in the company as of 31 March 2017.

Petronet LNG earlier this week reportedly said that it did not expect any impact on gas supplies from Qatar after Saudi Arabia and six other Gulf nations severed ties with the nation, accusing it of supporting terrorism.

Qatar is the world's largest producer and exporter of LNG. Qatar's diplomatic crisis with its Middle Eastern neighbors could force natural gas buyers to seek greater diversification in sourcing amid potential disruptions from UAE ports refusing ships from the country.

Petronet LNG's net profit surged 91.3% to Rs 470.78 crore on 20.9% increase in net sales to Rs 7191.99 crore in Q4 March 2017 over Q4 March 2016.

Petronet LNG was formed as a joint venture by the Government of India to import liquified natural gas (LNG) and set up LNG terminals in the country.