Petronet LNG - Mulitbagger Trgt 300 2 yrs time frame

Petronet LNG - Mulitbagger Trgt 300 2 yrs time frame

 

• Petronet LNG is India’s  fastest growing LNG company formed in 1998 as a joint venture by the Government of India for setting up of domestic LNG terminals as well as import of LNG in the LNG. 50% of equity held by GAIL Limited, ONGC, IOC and BPCL, 10% of equity held by GDFI (part of GDF Suez) while the remaining 5.20% and 34.8% are held by Asian Development Bank (ADB) and public.
• Commissioning of Kochi Terminal by Q1FY14 is the immediate biggest trigger for the company. Kochi Terminal with a capacity of 5mmtpa ensures to meet the increasing demand of natural gas for Power, Petrochemicals Fertilizers and various other industries.
• Petronet LNG poised to be the biggest player in Indian LNG business.
• Capacity booked will de-leverage by providing better revenue visibility.
• Expansion to aid financials in the future course of time as it is estimated that PetronetLNG may command a healthy CAGR of ~16% in the topline while a CAGR of ~20% for FY13E-FY17E.

One can buy with Trgt of 300 2 yrs time frame.