Power Finance Corporation Ltd gained for a third straight session today. The stock is quoting at Rs 120.8, up 1.51% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.2% on the day, quoting at 17208.15. The Sensex is at 57210.42, up 0.08%. Power Finance Corporation Ltd has risen around 4.72% in last one month.
Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has risen around 0.1% in last one month and is currently quoting at 17034.65, down 0.68% on the day. The volume in the stock stood at 33.97 lakh shares today, compared to the daily average of 39.88 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 121.1, up 1.59% on the day. Power Finance Corporation Ltd is up 14.45% in last one year as compared to a 20.37% spurt in NIFTY and a 13.39% spurt in the Nifty Financial Services index.
The PE of the stock is 3.23 based on TTM earnings ending December 21.
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