Power Grid Corporation of India Ltd rises for third straight session

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Capital Market
Last Updated : Aug 01 2019 | 1:31 PM IST

Power Grid Corporation of India Ltd is quoting at Rs 215.85, up 2.4% on the day as on 12:54 IST on the NSE. The stock is up 14.39% in last one year as compared to a 2.25% fall in NIFTY and a 3.67% fall in the Nifty Energy index.

Power Grid Corporation of India Ltd rose for a third straight session today. The stock is quoting at Rs 215.85, up 2.4% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.14% on the day, quoting at 10991.5. The Sensex is at 37049.25, down 1.15%. Power Grid Corporation of India Ltd has added around 4.1% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has added around 9.76% in last one month and is currently quoting at 14559.45, down 0.08% on the day. The volume in the stock stood at 87.55 lakh shares today, compared to the daily average of 65.18 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 213.2, up 1.81% on the day. Power Grid Corporation of India Ltd is up 14.39% in last one year as compared to a 2.25% fall in NIFTY and a 3.67% fall in the Nifty Energy index.

The PE of the stock is 11.11 based on TTM earnings ending March 19.

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First Published: Aug 01 2019 | 1:05 PM IST

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