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Power Finance Corporation Ltd spurts 1.38%

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Capital Market
Last Updated : Oct 16 2019 | 3:16 PM IST

Power Finance Corporation Ltd is quoting at Rs 95.55, up 1.38% on the day as on 12:49 IST on the NSE. The stock is up 19.36% in last one year as compared to a 9.62% gain in NIFTY and a 24.83% gain in the Nifty Financial Services index.

Power Finance Corporation Ltd rose for a third straight session today. The stock is quoting at Rs 95.55, up 1.38% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 11458.5. The Sensex is at 38598.27, up 0.24%. Power Finance Corporation Ltd has dropped around 6.69% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has dropped around 7.37% in last one month and is currently quoting at 12904.6, up 0.76% on the day. The volume in the stock stood at 45.48 lakh shares today, compared to the daily average of 93.93 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 95.3, up 0.69% on the day. Power Finance Corporation Ltd is up 19.36% in last one year as compared to a 9.62% gain in NIFTY and a 24.83% gain in the Nifty Financial Services index.

The PE of the stock is 3.59 based on TTM earnings ending June 19.

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First Published: Oct 16 2019 | 1:05 PM IST

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