Hot Pursuit     06-May-22
Power Finance Corporation Ltd eases for fifth straight session
Power Finance Corporation Ltd is quoting at Rs 112, down 1.06% on the day as on 13:19 IST on the NSE. The stock jumped 0.99% in last one year as compared to a 10.4% rally in NIFTY and a 0.57% spurt in the Nifty Financial Services index.

Power Finance Corporation Ltd fell for a fifth straight session today. The stock is quoting at Rs 112, down 1.06% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.9% on the day, quoting at 16365.25. The Sensex is at 54704.76, down 1.79%.Power Finance Corporation Ltd has eased around 8.42% in last one month.Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has eased around 9.77% in last one month and is currently quoting at 16261.55, down 2.47% on the day. The volume in the stock stood at 22.44 lakh shares today, compared to the daily average of 41.27 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 112.95, down 0.57% on the day. Power Finance Corporation Ltd jumped 0.99% in last one year as compared to a 10.4% rally in NIFTY and a 0.57% spurt in the Nifty Financial Services index.

The PE of the stock is 3.07 based on TTM earnings ending December 21.

Previous News
  Power Finance Corporation consolidated net profit rises 22.46% in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   17:28 )
  Power Finance Corporation
 ( Results - Analysis 12-Aug-23   08:20 )
  Board of Power Finance approves borrowing plan of up to Rs 80,000 cr in FY24
 ( Corporate News - 21-Mar-23   19:14 )
  Power Finance Corporation Ltd gains for third straight session
 ( Hot Pursuit - 21-Jun-23   13:05 )
  Power Finance Corporation Ltd gains for third straight session
 ( Hot Pursuit - 27-May-24   13:06 )
  Power Finance Corporation consolidated net profit rises 23.73% in the December 2021 quarter
 ( Results - Announcements 11-Feb-22   15:58 )
  Power Finance Corporation announces incorporation of SPV for Joda Barbil transmission project
 ( Corporate News - 21-Jun-23   14:19 )
  Power Finance Corporation consolidated net profit declines 1.82% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   08:44 )
  Power Finance Corporation board to mull fund raising on 29 Feb
 ( Hot Pursuit - 23-Feb-24   11:19 )
  Power Finance Corporation Ltd spurts 1.22%
 ( Hot Pursuit - 02-Apr-24   13:05 )
  Power Finance Corporation Ltd soars 2.45%, rises for third straight session
 ( Hot Pursuit - 09-Jan-23   13:05 )
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