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Power Finance Corporation Ltd spurts 3.8%, up for third straight session
24-Jan-20   13:05 Hrs IST

Power Finance Corporation Ltd rose for a third straight session today. The stock is quoting at Rs 117.4, up 3.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 12227.7. The Sensex is at 41513.45, up 0.31%. Power Finance Corporation Ltd has added around 5.67% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has added around 1.08% in last one month and is currently quoting at 14288.45, up 0.55% on the day. The volume in the stock stood at 107.72 lakh shares today, compared to the daily average of 116.71 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 117.6, up 3.25% on the day. Power Finance Corporation Ltd is up 13.76% in last one year as compared to a 13.42% gain in NIFTY and a 25.11% gain in the Nifty Financial Services index.

The PE of the stock is 4.45 based on TTM earnings ending September 19.

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