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Power Finance Corporation Ltd stays slippery
(13:35, 27 Jan 2021)

Power Finance Corporation Ltd dropped for a fifth straight session today. The stock is quoting at Rs 112.25, down 1.75% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.17% on the day, quoting at 14072.2. The Sensex is at 47747.55, down 1.24%.Power Finance Corporation Ltd has eased around 3.94% in last one month.Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has eased around 0.45% in last one month and is currently quoting at 15143.65, down 1.61% on the day. The volume in the stock stood at 32.15 lakh shares today, compared to the daily average of 54.44 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 112.35, down 1.79% on the day. Power Finance Corporation Ltd tumbled 3.23% in last one year as compared to a 16.73% rally in NIFTY and a 4.39% spurt in the Nifty Financial Services index.

The PE of the stock is 4.37 based on TTM earnings ending September 20.

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