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Power Grid Corporation of India Ltd spurts 1.1%, rises for third straight session

Capital Market 

Power Grid Corporation of India Ltd is quoting at Rs 207.55, up 1.1% on the day as on 12:54 IST on the NSE. The stock is up 13.66% in last one year as compared to a 4.89% gain in NIFTY and a 9.7% gain in the Nifty Energy index.

Power Grid Corporation of India Ltd rose for a third straight session today. The stock is quoting at Rs 207.55, up 1.1% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 11562.05. The Sensex is at 38765.38, up 0.54%. Power Grid Corporation of India Ltd has added around 8.58% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has added around 4.09% in last one month and is currently quoting at 15466.4, up 0.47% on the day. The volume in the stock stood at 24.82 lakh shares today, compared to the daily average of 83.22 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 207.7, up 1.07% on the day. Power Grid Corporation of India Ltd is up 13.66% in last one year as compared to a 4.89% gain in NIFTY and a 9.7% gain in the Nifty Energy index.

The PE of the stock is 10.8 based on TTM earnings ending March 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: Thu, July 11 2019. 13:06 IST
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