Finance corporation

Power Finance Corporation Ltd rises for the third consecutive session



Power Finance Corporation Ltd quotes at Rs 121.3, up 1.63% on the day at 12:49 PM IST on the NSE. The stock is down 5.49% in the past year, compared to a 7.07% jump in NIFTY and a 4.09% jump in the Nifty Energy Index.

Power Finance Corporation Ltd rose for a third straight session today. The stock is trading at Rs 121.3, up 1.63% on the day as of 12:49 p.m. IST on the NSE. The benchmark NIFTY is up around 0.22% on the day to 17697.8. The Sensex is at 59458.94, up 0.21%. Power Finance Corporation Ltd gained around 11.39% in the past month.

Meanwhile, the Nifty Energy Index, of which Power Finance Corporation Ltd is a part, has gained around 12.57% over the past month and is currently trading at 17977.4, up 0.46% on the day. The share volume stood at 23.24 lakh shares today, compared to a daily average of 28.81 lakh shares over the past month.

The benchmark August futures contract for the stock is quoted at Rs 121.5, up 1.55% on the day. Power Finance Corporation Ltd is down 5.49% over the past year, compared to a 7.07% jump in NIFTY and a 4.09% jump in the Nifty Energy Index.

The stock’s PE is 3.14 based on TTM earnings ending March 22.

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

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