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Power Grid Corporation of India Ltd gains for third straight session

Capital Market 

The stock is quoting at Rs 184.85, up 1.26% on the day as on 12:49 IST on the NSE. Power Grid Corporation of India Ltd is down 11.45% in last one year as compared to a 3.78% jump in NIFTY and a 0.57% 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 184.85, up 1.26% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 10753.05. The Sensex is at 35799.9, up 0.81%. Power Grid Corporation of India Ltd has slipped around 2.48% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has slipped around 2.12% in last one month and is currently quoting at 14185.6, up 0.54% on the day. The volume in the stock stood at 22.3 lakh shares today, compared to the daily average of 35.04 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 184.4, up 1.37% on the day. Power Grid Corporation of India Ltd is down 11.45% in last one year as compared to a 3.78% jump in NIFTY and a 0.57% jump in the Nifty Energy index.

The PE of the stock is 11.06 based on TTM earnings ending September 18.

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

First Published: Wed, November 28 2018. 13:05 IST
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