Power Finance Corporation Ltd wins for the fifth session

Power Finance Corporation Ltd quotes at Rs 123.95, up 1.68% on the day at 12:49 PM IST on the NSE. The stock is up 7.64% over the past year, compared to a 19.38% gain in NIFTY and a 14.08% gain in Nifty Financial Services.

Power Finance Corporation Ltd is in contention for a fifth consecutive session. The stock is trading at Rs 123.95, up 1.68% on the day as of 12:49 p.m. IST on the NSE. The benchmark NIFTY is down about 0.29% on the day at 17756.25. The Sensex is at 59387.21, down 0.37%. Power Finance Corporation Ltd added around 14.24% in the past month.

Meanwhile, the Nifty Financial Services Index, of which Power Finance Corporation Ltd is a part, has added around 14.06% over the past month and is currently trading at 17,703.5, up 0.05% on the daytime. The share volume stood at 47.25 lakh shares today, compared to a daily average of 48.29 lakh shares over the past month.

The benchmark April futures contract for the stock is quoted at Rs 124.9, up 2% on the day. Power Finance Corporation Ltd is up 7.64% over the past year, compared to a 19.38% gain in NIFTY and a 14.08% gain in the Nifty Financial Services Index.

The stock’s PE is 3.3 based on TTM earnings ending Dec. 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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