Petronet LNG Gets A new Buy Rating

Macquarie finds Petronet LNG’s valuations attractive compared to its Asia-Pacific peers.

Petronet LNG received a new ‘Outperform’ rating on the stock from international brokerage firm Macquarie.

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Indiabulls Housing Finance Slip 5 percent to Rs 792.20

Indiabulls Housing Finance Slip 5 percent to Rs 792.20 — Shares of the housing finance companies fell after developer rupee bond sales slumped to the lowest in almost four years as investors become more cautious about default risks after the shock from non-payments by Infrastructure & Leasing Financial Services.

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