Tuesday’s Market Preview: Can Petronet LNG, Vedanta, and Gillette India Rebound After Recent Decline?

Petronet LNG (₹299.9) faces headwinds despite Motilal Oswal's "Buy" rating (target: ₹390). The stock fell 4% post-Q3 results (25.6% YoY profit drop) but shows promise with Dahej terminal expansion (5M tonnes by June) and 3.44% dividend yield. Regulatory scrutiny from PNGRB over tariff practices remains a concern.

Vedanta (₹420.35) battles debt woes (₹69,500 crore net debt) despite 76% YoY profit growth. Analysts eye 53% upside (CLSA target: ₹633) on aluminum/zinc strength and demerger progress. Recent 7% drop links to US tariff fears, but backward integration plans (captive coal mines by FY26) may boost margins.

Gillette India (₹9,009.5) seeks recovery after a 8.78% 3-day slump. Technicals show resilience above 200-DMA (₹8,696), with a 3.03% dividend yield. Q3 performance highlights 25% profit growth, though FMCG sector headwinds persist.Key Drivers:

• Petronet: LNG demand revival, ₹12,226 crore Q3 revenue

• Vedanta: Demerger completion (target: Q1FY26), US LNG policy impact
• Gillette: Feb 19 dividend record date, premiumization trends

Outlook: Petronet and Vedanta hinge on commodity cycles, while Gillette’s rebound relies on discretionary spending. Nuvama notes Vedanta’s "first decile cost curve" potential by 2028, while MarketsMojo flags Gillette’s "Hold" stance amid volatility.

Source: Business Standard, Economic Times, MarketsMojo – February 4, 2025