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Power Finance Corporation Ltd soars 1.67%

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Power Finance Corporation Ltd is quoting at Rs 106.3, up 1.67% on the day as on 12:49 IST on the NSE. The stock is down 9.88% in last one year as compared to a 7.89% spurt in NIFTY and a 1.73% spurt 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 106.3, up 1.67% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 12945.8. The Sensex is at 44120.24, down 0.14%. Power Finance Corporation Ltd has risen around 21.42% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has risen around 20.34% in last one month and is currently quoting at 14301.45, down 0.54% on the day. The volume in the stock stood at 41.78 lakh shares today, compared to the daily average of 56.21 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 106.5, up 1.48% on the day. Power Finance Corporation Ltd is down 9.88% in last one year as compared to a 7.89% spurt in NIFTY and a 1.73% spurt in the Nifty Financial Services index.

The PE of the stock is 4 based on TTM earnings ending September 20.

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

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First Published: Thu, November 19 2020. 13:06 IST
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