Home » Petronet LNG Ltd (PETRONET) Share Price Target 2024, 2025, upto 2030

Petronet LNG Ltd (PETRONET) Share Price Target 2024, 2025, upto 2030

Petronet LNG Ltd Share Price Forecast
PETRONET Share Price Target 2024 to 2030

PETRONET belongs to the Energy sector and operates within the Oil & Gas Refining & Marketing industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore PETRONET share price targets for 2024, 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.

To forecast the price of PETRONET up to the year 2030, we will use a machine learning approach where the forecasted data is trained on the past performance. Petronet LNG Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss PETRONET's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.

PETRONET’s Performance Overview

Current Performance

Today 2024-09-02 shares of PETRONET closed at ₹366 which is ₹1.3 lower than its previous close of ₹367.3. The company has been in mixed trend for the past one week.

Historical Performance

DateCloseGain/Loss
2024-08-23₹370.80 ₹10.40 (2.73%)
2024-08-26₹370.10 ₹0.70 (0.19%)
2024-08-27₹369.35 ₹0.75 (0.20%)
2024-08-28₹367.85 ₹1.50 (0.41%)
2024-08-29₹365.55 ₹2.30 (0.63%)
2024-08-30₹367.30 ₹1.75 (0.48%)
2024-09-02₹366.00 ₹1.30 (0.35%)

PETRONET for Tomorrow

Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming year 2025 or even long-term targets up to 2030.

PETRONET Share Price Target 2024

Most of the Indian stocks like PETRONET have experienced an impressive Bull run in 2023. In the first quarter of 2024, the bullish sentiment of the market will likely stay the same with some consolidation in the beginning few months. As per technical data, the minimum share price target in 2024 for PETRONET is expected to be ₹386.58 and the maximum price target for 2024 will be ₹492.15.

MonthTarget
April 2024 target for PETRONET₹386.58
May 2024 target for PETRONET₹399.78
June 2024 target for PETRONET₹412.97
July 2024 target for PETRONET₹426.17
August 2024 target for PETRONET₹439.36
September 2024 target for PETRONET₹452.56
October 2024 target for PETRONET₹465.75
November 2024 target for PETRONET₹478.95
December 2024 target for PETRONET₹492.15

Summary of PETRONET Share Price Forecast for 2024

  • The initial price target for Petronet LNG Ltd in 2024 is projected to be ₹386.58.
  • With favorable market conditions, the mid-year price target for Petronet LNG Ltd could reach ₹452.56.
  • By the end of 2024, the price target for Petronet LNG Ltd is expected to potentially reach ₹492.15, considering bullish market trends.

Predicted Price Chart for 2024

PETRONET Share Price Target 2025

The share price of PETRONET is expected to reach a value of Rs. 502 by January 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Petronet LNG Ltd reach Rs 564 by December 2025.

MonthTarget
January 2025 target for PETRONET₹502
February 2025 target for PETRONET₹512
March 2025 target for PETRONET₹522
April 2025 target for PETRONET₹505
May 2025 target for PETRONET₹488
June 2025 target for PETRONET₹472
July 2025 target for PETRONET₹491
August 2025 target for PETRONET₹511
September 2025 target for PETRONET₹531
October 2025 target for PETRONET₹542
November 2025 target for PETRONET₹553
December 2025 target for PETRONET₹564

Summary of PETRONET Share Price Forecast for 2025

  • The initial price target for Petronet LNG Ltd in 2025 is projected to be ₹502.
  • With favorable market conditions, the mid-year price target for Petronet LNG Ltd could reach ₹472.
  • By the end of 2025, the price target for Petronet LNG Ltd is expected to potentially reach ₹564, considering bullish market trends.

Predicted Price Chart for 2025

PETRONET Share Price Target 2026

As per technical data, The minimum share price target of PETRONET is expected to reach Rs. 575 and the maximum value that shares of PETRONET can reach is Rs. 646.

MonthTarget
January 2026 target for PETRONET₹575
February 2026 target for PETRONET₹587
March 2026 target for PETRONET₹599
April 2026 target for PETRONET₹579
May 2026 target for PETRONET₹560
June 2026 target for PETRONET₹541
July 2026 target for PETRONET₹563
August 2026 target for PETRONET₹586
September 2026 target for PETRONET₹609
October 2026 target for PETRONET₹621
November 2026 target for PETRONET₹633
December 2026 target for PETRONET₹646

Summary of PETRONET Share Price Forecast for 2026

  • The initial price target for Petronet LNG Ltd in 2026 is projected to be ₹575.
  • With favorable market conditions, the mid-year price target for Petronet LNG Ltd could reach ₹541.
  • By the end of 2026, the price target for Petronet LNG Ltd is expected to potentially reach ₹646, considering bullish market trends.

Predicted Price Chart for 2026

PETRONET Share Price Target 2027

Using Fibonacci projections, the estimated price target forecast for Petronet LNG Ltd (PETRONET) in the first half of the year 2027 will be between ₹659 - ₹619. By the second half of 2027, the share price of PETRONET may reach a maximum value of ₹740.

MonthTarget
January 2027 target for PETRONET₹659
February 2027 target for PETRONET₹672
March 2027 target for PETRONET₹685
April 2027 target for PETRONET₹662
May 2027 target for PETRONET₹640
June 2027 target for PETRONET₹619
July 2027 target for PETRONET₹644
August 2027 target for PETRONET₹670
September 2027 target for PETRONET₹697
October 2027 target for PETRONET₹711
November 2027 target for PETRONET₹725
December 2027 target for PETRONET₹740

Summary of PETRONET Share Price Forecast for 2027

  • The initial price target for Petronet LNG Ltd in 2027 is projected to be ₹659.
  • With favorable market conditions, the mid-year price target for Petronet LNG Ltd could reach ₹619.
  • By the end of 2027, the price target for Petronet LNG Ltd is expected to potentially reach ₹740, considering bullish market trends.

Predicted Price Chart for 2027

PETRONET Share Price Target 2028

MonthTarget
January 2028 target for PETRONET₹755
February 2028 target for PETRONET₹770
March 2028 target for PETRONET₹785
April 2028 target for PETRONET₹759
May 2028 target for PETRONET₹734
June 2028 target for PETRONET₹710
July 2028 target for PETRONET₹738
August 2028 target for PETRONET₹768
September 2028 target for PETRONET₹799
October 2028 target for PETRONET₹815
November 2028 target for PETRONET₹831
December 2028 target for PETRONET₹848

Summary of PETRONET Share Price Forecast for 2028

  • The initial price target for Petronet LNG Ltd in 2028 is projected to be ₹755.
  • With favorable market conditions, the mid-year price target for Petronet LNG Ltd could reach ₹710.
  • By the end of 2028, the price target for Petronet LNG Ltd is expected to potentially reach ₹848, considering bullish market trends.

Predicted Price Chart for 2028

PETRONET Share Price Target 2029

MonthTarget
January 2029 target for PETRONET₹865
February 2029 target for PETRONET₹882
March 2029 target for PETRONET₹900
April 2029 target for PETRONET₹870
May 2029 target for PETRONET₹841
June 2029 target for PETRONET₹813
July 2029 target for PETRONET₹846
August 2029 target for PETRONET₹880
September 2029 target for PETRONET₹915
October 2029 target for PETRONET₹933
November 2029 target for PETRONET₹952
December 2029 target for PETRONET₹971

Summary of PETRONET Share Price Forecast for 2029

  • The initial price target for Petronet LNG Ltd in 2029 is projected to be ₹865.
  • With favorable market conditions, the mid-year price target for Petronet LNG Ltd could reach ₹813.
  • By the end of 2029, the price target for Petronet LNG Ltd is expected to potentially reach ₹971, considering bullish market trends.

Predicted Price Chart for 2029

PETRONET Share Price Target 2030

MonthTarget
January 2030 target for PETRONET₹990
February 2030 target for PETRONET₹1010
March 2030 target for PETRONET₹1030
April 2030 target for PETRONET₹996
May 2030 target for PETRONET₹963
June 2030 target for PETRONET₹931
July 2030 target for PETRONET₹968
August 2030 target for PETRONET₹1007
September 2030 target for PETRONET₹1047
October 2030 target for PETRONET₹1068
November 2030 target for PETRONET₹1089
December 2030 target for PETRONET₹1111

Summary of PETRONET Share Price Forecast for 2030

  • The initial price target for Petronet LNG Ltd in 2030 is projected to be ₹990.
  • With favorable market conditions, the mid-year price target for Petronet LNG Ltd could reach ₹931.
  • By the end of 2030, the price target for Petronet LNG Ltd is expected to potentially reach ₹1111, considering bullish market trends.

Predicted Price Chart for 2030

Key Takeaways from Forecasted Price for PETRONET from 2024 to 2030

YearInitial TargetMid-Year TargetYear-End Target
2024₹386.58₹452.56₹492.15
2025₹502₹472₹564
2026₹575₹541₹646
2027₹659₹619₹740
2028₹755₹710₹848
2029₹865₹813₹971
2030₹990₹931₹1111
  • In 2024, Petronet LNG Ltd (PETRONET) is expected to experience strong growth, with an initial target of ₹386.58. However, market volatility might lead to fluctuations mid-year, peaking at ₹465.75.
  • For Petronet LNG Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹491, followed by a steady climb to ₹564.
  • In 2026, a temporary decline in early months for Petronet LNG Ltd is possible, with a recovery expected by mid-year, aiming for ₹563.
  • Anticipating mixed trends for Petronet LNG Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹740.
  • For 2028 and 2029, Petronet LNG Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
  • By 2030, the cumulative impact of market dynamics could lead Petronet LNG Ltd to a substantial year-end target, surpassing previous expectations.

Final Words on Petronet LNG Ltd (PETRONET) Share Price Target up to 2030

To summarize, we have presented PETRONET share price target 2024, 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.

It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.

We wish you all the best in your investing endeavors! Please read the Disclaimer below.

Disclaimer: Stock targets and forecasts are for educational purposes only and may not be reliable for investment decisions. Use this information at your own risk. This is not an offer to buy or sell stocks. Dailybulls.in and its authors are not liable for any losses. It is not investment advice; seek professional advice before making any investment decisions. Exercise caution and be informed when investing.

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