Shutterstock.comShares of Power Finance Corporation Ltd. gained 0.74 per cent to Rs 128.6 in Friday's trade as of 11:38AM (IST). It hit a high of Rs 129.25 and low of Rs 127.35 during the session.
The stock quoted a 52-week high price of Rs 140.5 and a low of Rs 80.6. The return on equity for the stock stood at 19.33 per cent. About 141,208 shares have changed hands on the counter so far.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.57.
The scrip has been an outperformer, up 56.42 per cent in the past one year in comparison with a 38.31 per cent gain in Sensex.
Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 80.6 on July 30, while the 50-DMA was at Rs 124.24. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
Promoter/FII Holding
Promoters held 55.99 per cent stake in Power Finance Corporation Ltd. as of 30-Jun-2021. Mutual funds and foreign institutional investors held 13.19 per cent and 17.35 per cent stake.
The stock quoted a 52-week high price of Rs 140.5 and a low of Rs 80.6. The return on equity for the stock stood at 19.33 per cent. About 141,208 shares have changed hands on the counter so far.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.57.
The scrip has been an outperformer, up 56.42 per cent in the past one year in comparison with a 38.31 per cent gain in Sensex.
Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 80.6 on July 30, while the 50-DMA was at Rs 124.24. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
Promoter/FII Holding
Promoters held 55.99 per cent stake in Power Finance Corporation Ltd. as of 30-Jun-2021. Mutual funds and foreign institutional investors held 13.19 per cent and 17.35 per cent stake.
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