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Power Grid Corporation of India Ltd up for third straight session

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Power Grid Corporation of India Ltd is quoting at Rs 187.8, up 3.1% on the day as on 12:54 IST on the NSE. The stock is down 11.69% in last one year as compared to a 11.51% jump in NIFTY and a 19.7% jump in the Nifty Energy index.

Power Grid Corporation of India Ltd gained for a third straight session today. The stock is quoting at Rs 187.8, up 3.1% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.8% on the day, quoting at 11727. The Sensex is at 39040.78, up 2.93%. Power Grid Corporation of India Ltd has slipped around 3.59% in last one month.

 

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has slipped around 1.45% in last one month and is currently quoting at 15538.65, up 4.1% on the day. The volume in the stock stood at 22.33 lakh shares today, compared to the daily average of 51.33 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 188.2, up 3.01% on the day. Power Grid Corporation of India Ltd is down 11.69% in last one year as compared to a 11.51% jump in NIFTY and a 19.7% jump in the Nifty Energy index.

The PE of the stock is 10.72 based on TTM earnings ending December 18.

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First Published: May 20 2019 | 1:05 PM IST

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