Petronet LNG Signs Agreement With US-Based Tellurian; Shares Erase Gains

Shares of Petronet LNG surged as much as 13.17 per cent to Rs 302 but erased gains and fell as much as 7.40 per cent to Rs 247.10 on the BSE. Petronet LNG signed a memorandum of understanding with US-based Tellurian Inc. on Saturday at Houston, USA. On the National Stock Exchange, Petronet LNG rose as much as 12.21 per cent to Rs 299 and fell as much as 7.41 per cent to Rs 246.70. From intraday high levels, the stock dropped 17.5 per...