Technical analyst Salil Sharma has maintained 'buy' rating on Petronet LNG Limited stock with a target of Rs 145.

The analyst said that the stock can be purchased with a stop loss of Rs 119.

The stock of the company, on December 21, closed at Rs 128.55 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 131.30 and a low of Rs 69.70 on BSE.

Current EPS & P/E ratio stood at 5.64 and 22.59 respectively.

Petronet LNG registered a growth of 8.66% in its net profit which stood at Rs 1,311.24 million for the three month period ended September 2010 as against Rs 1,206.79 million during the same quarter of 2009.

Total income of the energy giant dropped 10.20% to Rs 30,763.12 million for the quarter under review from Rs 34,257.39 million for the same quarter ended 2009.

Petronet LNG (PLL), in October 2010, said that the company may seek board nod for the planned 1,200-MW gas-based power plant at Dahej in Gujarat.

The Chairman, A. K. Balyan said, "We have already prepared the detailed feasibility report on the proposed power plant. We are planning to seek the board approval during the next board meeting scheduled to be held later this month or early next month."