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Power Grid Corporation of India Ltd spurts 1.75%, gains for third straight session

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Capital Market

Power Grid Corporation of India Ltd is quoting at Rs 195.05, up 1.75% on the day as on 12:54 IST on the NSE. The stock is up 6.58% in last one year as compared to a 2.17% spurt in NIFTY and a 8.52% spurt 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 195.05, up 1.75% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.69% on the day, quoting at 11225.5. The Sensex is at 38271.49, down 0.91%. Power Grid Corporation of India Ltd has risen around 3.01% in last one month.

 

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has risen around 8.46% in last one month and is currently quoting at 13863.7, down 0.31% on the day. The volume in the stock stood at 46.58 lakh shares today, compared to the daily average of 119.07 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 182.95, up 1.87% on the day. Power Grid Corporation of India Ltd is up 6.58% in last one year as compared to a 2.17% spurt in NIFTY and a 8.52% spurt in the Nifty Energy index.

The PE of the stock is 9.43 based on TTM earnings ending December 19.

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First Published: Mar 04 2020 | 1:06 PM IST

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