Hot Pursuit     14-Dec-23
Power Finance Corporation Ltd up for fifth session
Power Finance Corporation Ltd is quoting at Rs 425.3, up 0.83% on the day as on 12:44 IST on the NSE. The stock is up 270.47% in last one year as compared to a 14.92% spurt in NIFTY and a 11.76% spurt in the Nifty Financial Services.

Power Finance Corporation Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 425.3, up 0.83% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.13% on the day, quoting at 21162.4. The Sensex is at 70450.15, up 1.24%. Power Finance Corporation Ltd has risen around 37.02% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has risen around 8.88% in last one month and is currently quoting at 21171.2, up 1.44% on the day. The volume in the stock stood at 166.95 lakh shares today, compared to the daily average of 206.6 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 426.05, up 0.32% on the day. Power Finance Corporation Ltd is up 270.47% in last one year as compared to a 14.92% spurt in NIFTY and a 11.76% spurt in the Nifty Financial Services index.

The PE of the stock is 10.43 based on TTM earnings ending September 23.

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