Hot Pursuit     07-Feb-20
Power Finance Corporation Ltd spurts 1.21%, rises for fifth straight session
Power Finance Corporation Ltd is quoting at Rs 125.2, up 1.21% on the day as on 12:49 IST on the NSE. The stock is up 24.08% in last one year as compared to a 10.7% jump in NIFTY and a 25.96% jump in the Nifty Financial Services.

Power Finance Corporation Ltd gained for a fifth straight session today. The stock is quoting at Rs 125.2, up 1.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 12114.25. The Sensex is at 41206.88, down 0.24%. Power Finance Corporation Ltd has gained around 7.88% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has gained around 1.6% in last one month and is currently quoting at 14545.75, down 0.07% on the day. The volume in the stock stood at 47.51 lakh shares today, compared to the daily average of 129.39 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 124.95, up 0.85% on the day. Power Finance Corporation Ltd is up 24.08% in last one year as compared to a 10.7% jump in NIFTY and a 25.96% jump in the Nifty Financial Services index.

The PE of the stock is 4.85 based on TTM earnings ending September 19.

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