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Power Grid Corporation of India Ltd spurts 2.57%

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Capital Market

Power Grid Corporation of India Ltd is quoting at Rs 169.35, up 2.57% on the day as on 12:59 IST on the NSE. The stock is down 17.03% in last one year as compared to a 3.21% spurt in NIFTY and a 7.49% 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 169.35, up 2.57% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 11954.6. The Sensex is at 40768.01, up 0.52%. Power Grid Corporation of India Ltd has risen around 6.28% in last one month.

 

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has risen around 2.48% in last one month and is currently quoting at 14789.45, up 0.81% on the day. The volume in the stock stood at 110.1 lakh shares today, compared to the daily average of 95.22 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 169.8, up 2.82% on the day. Power Grid Corporation of India Ltd is down 17.03% in last one year as compared to a 3.21% spurt in NIFTY and a 7.49% spurt in the Nifty Energy index.

The PE of the stock is 7.78 based on TTM earnings ending June 20.

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First Published: Oct 23 2020 | 1:05 PM IST

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