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Power Grid Corporation of India Ltd down for fifth straight session

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Capital Market
Last Updated : Dec 05 2019 | 1:50 PM IST

Power Grid Corporation of India Ltd is quoting at Rs 187.9, down 0.27% on the day as on 13:19 IST on the NSE. The stock jumped 2.4% in last one year as compared to a 13.71% rally in NIFTY and a 14.4% spurt in the Nifty Energy index.

Power Grid Corporation of India Ltd is down for a fifth straight session today. The stock is quoting at Rs 187.9, down 0.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 12054.7. The Sensex is at 40892.95, up 0.1%.Power Grid Corporation of India Ltd has lost around 3.69% in last one month.Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has eased around 1.27% in last one month and is currently quoting at 16031.5, down 0.17% on the day. The volume in the stock stood at 17.84 lakh shares today, compared to the daily average of 75.32 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 188.6, down 0.45% on the day. Power Grid Corporation of India Ltd jumped 2.4% in last one year as compared to a 13.71% rally in NIFTY and a 14.4% spurt in the Nifty Energy index.

The PE of the stock is 9.53 based on TTM earnings ending September 19.

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First Published: Dec 05 2019 | 1:35 PM IST

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