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Power Grid Corporation of India Ltd soars 3.5%, rises for third straight session

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Capital Market
Last Updated : Jan 20 2020 | 1:16 PM IST

Power Grid Corporation of India Ltd is quoting at Rs 204.3, up 3.5% on the day as on 12:49 IST on the NSE. The stock is up 6.82% in last one year as compared to a 11.98% gain in NIFTY and a 6.8% gain in the Nifty Energy index.

Power Grid Corporation of India Ltd rose for a third straight session today. The stock is quoting at Rs 204.3, up 3.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 12275.4. The Sensex is at 41706.3, down 0.57%. Power Grid Corporation of India Ltd has added around 9.96% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has added around 0.06% in last one month and is currently quoting at 16077.65, down 0.6% on the day. The volume in the stock stood at 165.89 lakh shares today, compared to the daily average of 51.52 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 203.45, up 3.09% on the day. Power Grid Corporation of India Ltd is up 6.82% in last one year as compared to a 11.98% gain in NIFTY and a 6.8% gain in the Nifty Energy index.

The PE of the stock is 9.98 based on TTM earnings ending September 19.

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First Published: Jan 20 2020 | 1:05 PM IST

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