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Power Finance Corporation Ltd up for fifth straight session

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Capital Market
Last Updated : Aug 21 2020 | 1:16 PM IST

Power Finance Corporation Ltd is quoting at Rs 101.8, up 0.3% on the day as on 12:49 IST on the NSE. The stock is up 0.1% in last one year as compared to a 6.11% spurt in NIFTY and a 8.44% spurt in the Nifty Financial Services.

Power Finance Corporation Ltd gained for a fifth straight session today. The stock is quoting at Rs 101.8, up 0.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.76% on the day, quoting at 11397.8. The Sensex is at 38505.8, up 0.75%. Power Finance Corporation Ltd has risen around 19.84% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has risen around 2.28% in last one month and is currently quoting at 10897.5, up 1.24% on the day. The volume in the stock stood at 51.62 lakh shares today, compared to the daily average of 95.35 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 102.1, up 0.25% on the day. Power Finance Corporation Ltd is up 0.1% in last one year as compared to a 6.11% spurt in NIFTY and a 8.44% spurt in the Nifty Financial Services index.

The PE of the stock is 4.49 based on TTM earnings ending June 20.

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First Published: Aug 21 2020 | 1:00 PM IST

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