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Power Grid Corporation of India Ltd soars 1.19%

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Capital Market

Power Grid Corporation of India Ltd is quoting at Rs 199.4, up 1.19% on the day as on 12:54 IST on the NSE. The stock is up 2.31% in last one year as compared to a 13.26% gain in NIFTY and a 23.76% gain in the Nifty Energy index.

Power Grid Corporation of India Ltd is up for a third straight session in a row. The stock is quoting at Rs 199.4, up 1.19% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 11466.9. The Sensex is at 38123.07, up 0.07%. Power Grid Corporation of India Ltd has added around 9.68% in last one month.

 

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has added around 11.66% in last one month and is currently quoting at 16333.15, up 0.36% on the day. The volume in the stock stood at 29.87 lakh shares today, compared to the daily average of 96.23 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 199.4, up 1.06% on the day. Power Grid Corporation of India Ltd is up 2.31% in last one year as compared to a 13.26% gain in NIFTY and a 23.76% gain in the Nifty Energy index.

The PE of the stock is 11.58 based on TTM earnings ending December 18.

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First Published: Mar 19 2019 | 1:05 PM IST

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