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Power Finance Corporation Ltd jumps 6.72%

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Capital Market
Last Updated : Feb 05 2020 | 1:31 PM IST

Power Finance Corporation Ltd is quoting at Rs 123.85, up 6.72% on the day as on 12:49 IST on the NSE. The stock is up 22.02% in last one year as compared to a 8.66% gain in NIFTY and a 23.25% gain in the Nifty Financial Services index.

Power Finance Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 123.85, up 6.72% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 12020.2. The Sensex is at 40906.3, up 0.29%. Power Finance Corporation Ltd has added around 9.7% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has added around 0.75% in last one month and is currently quoting at 14218.8, up 0.64% on the day. The volume in the stock stood at 80.8 lakh shares today, compared to the daily average of 124.64 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 123.4, up 6.84% on the day. Power Finance Corporation Ltd is up 22.02% in last one year as compared to a 8.66% gain in NIFTY and a 23.25% gain in the Nifty Financial Services index.

The PE of the stock is 4.54 based on TTM earnings ending September 19.

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First Published: Feb 05 2020 | 1:06 PM IST

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