Jaiprakash Power Ventures Ltd drops for fifth straight session

Jaiprakash Power Ventures Ltd is quoting at Rs 18.4, down 0.65% on the day as on 13:19 IST on the NSE. The stock tumbled 1.71% in last one year as compared to a 2.86% slide in NIFTY and a 17.94% fall in the Nifty Energy index.

Jaiprakash Power Ventures Ltd fell for a fifth straight session today. The stock is quoting at Rs 18.4, down 0.65% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 25199.35. The Sensex is at 82176.04, up 0.02%.Jaiprakash Power Ventures Ltd has eased around 1.6% in last one month.Meanwhile, Nifty Energy index of which Jaiprakash Power Ventures Ltd is a constituent, has increased around 3.98% in last one month and is currently quoting at 35992.65, down 0.35% on the day. The volume in the stock stood at 111.13 lakh shares today, compared to the daily average of 322.83 lakh shares in last one month.

 

The PE of the stock is 17.15 based on TTM earnings ending June 25.

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