April 12, 2017 / 5:04 AM / 4 months ago

BUZZ-India's Petronet LNG hits record high; Nomura raises PT

** Petronet LNG Ltd's shares rise as much as 3.4 pct to a record high of 436 rupees a share

** Nomura analysts raise PT to 510 rupees from 425 rupees, with a "buy" rating

** "Our confidence continues in PLNG - India's key LNG importer - as a compelling story and safest name in our coverage," Nomura says in note

** See no risk to company's ability to raise tariff by 5 pct in near term - Nomura analysts

** Out of 38 analysts covering stock, 24 have a 'buy' or higher rating, six 'hold' while the rest have 'sell' or lower

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