Finance corporation

Power Finance Corporation Ltd relaxes for the fifth consecutive session


Power Finance Corporation Ltd quotes at Rs 112, down 1.06% on the day at 13:19 IST on the NSE. The stock has jumped 0.99% over the past year, compared to a 10.4% rise in NIFTY and a 0.57% surge in the Nifty Financial Services Index.

Power Finance Corporation Ltd fell for a fifth straight session today. The stock is trading at Rs 112, down 1.06% on the day as of 1:19 p.m. IST on the NSE. The benchmark NIFTY is down about 1.9% on the day at 16365.25. The Sensex is at 54704.76, down 1.79%. Power Finance Corporation Ltd is down around 8.42% in the past month. Meanwhile, the Nifty Financial Services Index, of which Power Finance Corporation Ltd is a part, has fallen around 9.77% over the past month and is currently listed at 16261.55, down 2.47% on the day. The share volume stood at 22.44 lakh shares today, compared to a daily average of 41.27 lakh shares over the past month.



The benchmark May futures contract for the stock quotes at Rs 112.95, down 0.57% on the day. Power Finance Corporation Ltd jumped 0.99% over the past year, against a 10.4% rise in NIFTY and a 0.57% surge in the Nifty Financial Services Index.

The stock’s PE is 3.07 based on TTM earnings ending Dec. 21.

Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor