Revisiting Indian stock recommendation | Petronet LNG | Indian Stocks to Make You a Millionaire

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Revisiting Indian stock recommendation | Petronet LNG

Posted By On 10:59 AM Under

1. Indian Stock Tip Petronet LNG is giving fruit as said stock has been discussed a number of times at our millionaire blog and since the recommendation it has moved considerably close to 50%.

2. However if one has a patience to wait for a period for 24 months one can see it achieving a target of Rs 66 as its capacity expansions at Dahej will enable Petronet LNG with volume growth by 13% in FY10 to 7.4 mn mt and 24% in FY11 to 9.2 mn mt which will help it to scale up its earnings.

3. Even Pinc Research has also initiated a buy recommendation for this scrip.
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