Power Finance Corporation Ltd up for third consecutive session

Power Finance Corporation Ltd quotes at Rs 137.5, up 1.33% on the day at 12:54 PM IST on the NSE. The stock is up 50.85% in the past year, compared to a 49.98% jump in NIFTY and a 52.62% jump in the Nifty Financial Services Index.

Power Finance Corporation Ltd won for a third straight session today. The stock is trading at Rs 137.5, up 1.33% on the day as of 12:54 p.m. IST on the NSE. The benchmark NIFTY is down around 0.16% on the day at 17860.55. The Sensex is at 59917.09, down 0.19%. Power Finance Corporation Ltd has slipped around 3.07% in the past month.

Meanwhile, the Nifty Financial Services Index, of which Power Finance Corporation Ltd is a part, has slid around 3.83% over the past month and is currently trading at 19074.85, down 0.32% on the day. The share volume stood at 24.28 lakh shares today, compared to a daily average of 75.75 lakh shares over the past month.

The benchmark November futures contract for the stock is quoted at Rs 137.55, up 1.18% on the day. Power Finance Corporation Ltd is up 50.85% over the past year, compared to a 49.98% jump in NIFTY and a 52.62% jump in the Nifty Financial Services Index.

The stock’s PE is 3.97 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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