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Power Grid Corporation of India Ltd gains for third straight session

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Capital Market
Last Updated : Mar 27 2020 | 1:16 PM IST

Power Grid Corporation of India Ltd is quoting at Rs 159.95, up 1.01% on the day as on 12:54 IST on the NSE. The stock is down 19.32% in last one year as compared to a 25.49% slide in NIFTY and a 35.5% slide in the Nifty Energy index.

Power Grid Corporation of India Ltd gained for a third straight session today. The stock is quoting at Rs 159.95, up 1.01% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 8620.25. The Sensex is at 29709.58, down 0.79%. Power Grid Corporation of India Ltd has slipped around 11.87% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has slipped around 22.58% in last one month and is currently quoting at 10640.7, down 0.68% on the day. The volume in the stock stood at 76.34 lakh shares today, compared to the daily average of 243.07 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 159.5, down 0.03% on the day. Power Grid Corporation of India Ltd is down 19.32% in last one year as compared to a 25.49% slide in NIFTY and a 35.5% slide in the Nifty Energy index.

The PE of the stock is 7.77 based on TTM earnings ending December 19.

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First Published: Mar 27 2020 | 1:05 PM IST

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