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Power Finance Corporation Ltd jumps around 2%

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Power Finance Corporation Ltd is quoting at Rs 113.4, up 2.07% on the day as on 12:49 IST on the NSE. The stock is up 19.68% in last one year as compared to a 13.28% gain in NIFTY and a 25.59% gain in the Nifty Financial Services index.

Power Finance Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 113.4, up 2.07% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 11921.35. The Sensex is at 40222.61, up 0.14%. Power Finance Corporation Ltd has added around 19.81% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has added around 8.15% in last one month and is currently quoting at 13585.3, up 0.22% on the day. The volume in the stock stood at 40.14 lakh shares today, compared to the daily average of 70.9 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 112.85, up 1.94% on the day. Power Finance Corporation Ltd is up 19.68% in last one year as compared to a 13.28% gain in NIFTY and a 25.59% gain in the Nifty Financial Services index.

The PE of the stock is 4.22 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 04 2019. 13:05 IST
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