Hot Pursuit     07-Jun-24
Power Grid Corporation of India Ltd rises for third consecutive session
Power Grid Corporation of India Ltd is quoting at Rs 309.15, up 2.9% on the day as on 12:49 IST on the NSE. The stock is up 70.57% in last one year as compared to a 24.64% spurt in NIFTY and a 65.12% spurt in the Nifty Energy index.

Power Grid Corporation of India Ltd gained for a third straight session today. The stock is quoting at Rs 309.15, up 2.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.78% on the day, quoting at 23226.9. The Sensex is at 76503.7, up 1.9%. Power Grid Corporation of India Ltd has risen around 2.37% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has risen around 0.88% in last one month and is currently quoting at 39339.65, up 1.64% on the day. The volume in the stock stood at 235.71 lakh shares today, compared to the daily average of 226.75 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 309.6, up 2.5% on the day. Power Grid Corporation of India Ltd is up 70.57% in last one year as compared to a 24.64% spurt in NIFTY and a 65.12% spurt in the Nifty Energy index.

The PE of the stock is 18.18 based on TTM earnings ending March 24.

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