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Power Grid Corporation of India Ltd drops for fifth straight session

Capital Market 

Power Grid Corporation of India Ltd is quoting at Rs 202.1, down 0.32% on the day as on 13:24 IST on the NSE. The stock jumped 5.84% in last one year as compared to a 6.41% slide in NIFTY and a 10.5% fall in the Nifty Energy index.

Power Grid Corporation of India Ltd fell for a fifth straight session today. The stock is quoting at Rs 202.1, down 0.32% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 10816. The Sensex is at 36654.98, up 0.5%.Power Grid Corporation of India Ltd has eased around 3.67% in last one month.Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has eased around 6.99% in last one month and is currently quoting at 13897.2, up 2.24% on the day. The volume in the stock stood at 25.61 lakh shares today, compared to the daily average of 72.42 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 202.6, down 0.15% on the day. Power Grid Corporation of India Ltd jumped 5.84% in last one year as compared to a 6.41% slide in NIFTY and a 10.5% fall in the Nifty Energy index.

The PE of the stock is 10.48 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: Fri, August 23 2019. 13:35 IST
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