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Power Grid Corporation of India Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 212.25, down 0.19% on the day as on 13:29 IST on the NSE. Power Grid Corporation of India Ltd jumped 5.39% in last one year as compared to a 12.27% rally in NIFTY and a 16.65% spurt in the Nifty Energy index.

Power Grid Corporation of India Ltd is down for a fifth straight session today. The stock is quoting at 212.25, down 0.19% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is up around 0.2% on the day, quoting at 10538.2. The Sensex is at 34647.02, up 0.09%.Power Grid Corporation of India Ltd has added around 2.64% in last one month.Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has eased around 0.55% in last one month and is currently quoting at 13514.05, down 0.23% on the day. The volume in the stock stood at 30.73 lakh shares today, compared to the daily average of 76.95 lakh shares in last one month.

 

The benchmark May futures contract for the stock is quoting at Rs 212.45, up 0.26% on the day. Power Grid Corporation of India Ltd jumped 5.39% in last one year as compared to a 12.27% rally in NIFTY and a 16.65% spurt in the Nifty Energy index.

The PE of the stock is 13.67 based on TTM earnings ending December 17.

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First Published: May 22 2018 | 1:35 PM IST

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