Power Finance Corporation Ltd soars 1.14%, rises for third consecutive session

Power Finance Corporation Ltd quotes at Rs 150.65, up 1.14% on the day at 12:54 PM IST on the NSE. The stock is up 72.66% over the past year, compared to a 56.03% gain in NIFTY and a 62.01% gain in the Nifty Financial Services Index.

Power Finance Corporation Ltd rose for a third straight session today. The stock is trading at Rs 150.65, up 1.14% on the day as of 12:54 p.m. IST on the NSE. The benchmark NIFTY index is up about 1.02% on the day to 18525.2. The Sensex is at 61871.8, up 0.92%. Power Finance Corporation Ltd added around 12.89% in the past month.

Meanwhile, the Nifty Financial Services Index, of which Power Finance Corporation Ltd is a part, has added around 5.2% over the past month and is currently trading at 18947.65, up 0.93% on the day. . The share volume stood at 103.14 lakh shares today, compared to a daily average of 78.28 lakh shares over the past month.

The benchmark October futures contract for the stock is quoted at Rs 151, up 0.9% on the day. Power Finance Corporation Ltd is up 72.66% over the past year, compared to a 56.03% gain in NIFTY and a 62.01% gain in the Nifty Financial Services Index.

The stock’s PE is 4.36 based on TTM earnings ending June 21.

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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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