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    Power Finance Corp. shares rise 0.17% as Sensex climbs

    Synopsis

    A total of 112,656 shares changed hands on the counter till 11:59AM (IST)

    ETMarkets.com
    Shares of the Power Finance Corporation Ltd. traded at Rs 119.55 on BSE at 11:59AM (IST) on Tuesday, up 0.17 per cent from previous close.

    The stock quoted a 52-week low price of Rs 74.2 and a high of Rs 140.5.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 112,656 lakh shares changed hands on the counter till 11:59AM (IST).

    The stock of Power Finance Corporation Ltd. commands a market value of Rs 31430.17 crore.

    The stock traded at a price-to-earning (P/E) multiple of 3.38, while the price-to-book value ratio stood at 0.49. Return on equity (ROE) was at 14.41 per cent, according to exchange data.

    In the BSE500 pack, 314 stocks traded in the green, while 186 stocks were in the red.

    Promotor Holding
    Promoters held 55.99 per cent in the Power Finance Corporation Ltd. as of 31-Mar-2021 while overseas and domestic institutional investors owned 17.32 per cent and 19.55 per cent, respectively.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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