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Power Finance Corporation Ltd rose for a third straight session today. The stock is quoting at Rs 121.3, up 1.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 17697.8. The Sensex is at 59458.94, up 0.21%. Power Finance Corporation Ltd has gained around 11.39% in last one month. Meanwhile, Nifty Energy index of which Power Finance Corporation Ltd is a constituent, has gained around 12.57% in last one month and is currently quoting at 17977.4, up 0.46% on the day. The volume in the stock stood at 23.24 lakh shares today, compared to the daily average of 28.81 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 121.5, up 1.55% on the day. Power Finance Corporation Ltd is down 5.49% in last one year as compared to a 7.07% jump in NIFTY and a 4.09% jump in the Nifty Energy index. The PE of the stock is 3.14 based on TTM earnings ending March 22.
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