Power Finance Corporation Ltd rose for a third straight session today. The stock is quoting at Rs 276.9, up 5.07% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 19435. The Sensex is at 64953.25, down 0.03%. Power Finance Corporation Ltd has added around 10.78% in last one month. Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has added around 1.64% in last one month and is currently quoting at 19510.9, down 0% on the day. The volume in the stock stood at 373.04 lakh shares today, compared to the daily average of 130.45 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 274.65, up 4.87% on the day. Power Finance Corporation Ltd is up 196.34% in last one year as compared to a 7.8% gain in NIFTY and a 4.87% gain in the Nifty Financial Services index. The PE of the stock is 6.96 based on TTM earnings ending June 23.
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