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Power Grid Corporation of India Ltd spurts 3.06%, rises for third straight session

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Capital Market

The stock is quoting at Rs 196.8, up 3.06% on the day as on 12:49 IST on the NSE. Power Grid Corporation of India Ltd is down 9.35% in last one year as compared to a 17.83% gain in NIFTY and a 23.99% 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 196.8, up 3.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 11680. The Sensex is at 38676.93, up 1.11%. Power Grid Corporation of India Ltd has added around 7.42% in last one month.

 

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has added around 7.79% in last one month and is currently quoting at 15875, up 1.25% on the day. The volume in the stock stood at 44.12 lakh shares today, compared to the daily average of 35.71 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 197.1, up 2.82% on the day. Power Grid Corporation of India Ltd is down 9.35% in last one year as compared to a 17.83% gain in NIFTY and a 23.99% gain in the Nifty Energy index.

The PE of the stock is 11.85 based on TTM earnings ending June 18.

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First Published: Aug 27 2018 | 1:06 PM IST

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