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As on 04-Dec-2023  13:00

Power Finance Corporation Ltd up for five straight sessions

Power Finance Corporation Ltd rose for a fifth straight session today. The stock is quoting at Rs 374.45, up 2.55% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.55% on the day, quoting at 20581.45. The Sensex is at 68464.1, up 1.46%. Power Finance Corporation Ltd has added around 43.6% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has added around 5.74% in last one month and is currently quoting at 20211, up 2.22% on the day. The volume in the stock stood at 241.22 lakh shares today, compared to the daily average of 220.38 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 376.2, up 2.21% on the day. Power Finance Corporation Ltd is up 238.81% in last one year as compared to a 10.06% gain in NIFTY and a 7.06% gain in the Nifty Financial Services index.

The PE of the stock is 9.03 based on TTM earnings ending September 23.

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