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Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility
India imports about two-thirds of its liquefied petroleum gas (LPG) requirement, largely from the West Asia.
Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain
Energy-linked stocks bucked the trend of broader market fall, with the Nifty Energy index rising about 1.9 percent and the Nifty Oil & Gas index gaining around 0.9 percent. The rally in gas stocks followed the government’s move to stabilise domestic fuel supplies amid geopolitical disruptions.
Buy Petronet LNG; target of Rs 360: Motilal Oswal
Motilal Oswal is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 360 in its research report dated May 05, 2026.
OMCs, Petronet gain on US-Iran peace hope; Nomura says reopening of Hormuz favours downstream oil & gas stocks
Nomura said OMCs, city gas distributors and Petronet LNG are likely to be the biggest beneficiaries of the reopening of the Strait of Hormuz following the preliminary US-Iran peace agreement. OMCs stand to gain through lower input costs and reduced LPG under-recoveries.
Buy Petronet LNG; target of Rs 365: Motilal Oswal
Motilal Oswal is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 365 in its research report dated February 14, 2026.