Power Grid Corporation of India Ltd soars 1.4%
(13:05, 09 Nov 2018)

Power Grid Corporation of India Ltd is up for a third straight session in a row. The stock is quoting at Rs 191.7, up 1.4% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 10581.85. The Sensex is at 35167.9, down 0.2%. Power Grid Corporation of India Ltd has risen around 2.43% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has risen around 2.68% in last one month and is currently quoting at 14169.7, down 0.15% on the day. The volume in the stock stood at 30.54 lakh shares today, compared to the daily average of 34.32 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 191.9, up 1.05% on the day. Power Grid Corporation of India Ltd is down 9.3% in last one year as compared to a 2.52% spurt in NIFTY and a 2.06% spurt in the Nifty Energy index.

The PE of the stock is 11.5 based on TTM earnings ending September 18.

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