Power Grid Corporation of India Ltd rose for a third straight session today. The stock is quoting at Rs 290.75, up 2.67% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 25723.35. The Sensex is at 83606.72, down 0.16%. Power Grid Corporation of India Ltd has added around 7.03% in last one month.
Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has added around 0.65% in last one month and is currently quoting at 35657.55, up 1.76% on the day. The volume in the stock stood at 176.16 lakh shares today, compared to the daily average of 172.74 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 287.55, up 2.57% on the day. Power Grid Corporation of India Ltd is up 1.95% in last one year as compared to a 8.55% gain in NIFTY and a 8.81% gain in the Nifty Energy index.
The PE of the stock is 16.77 based on TTM earnings ending December 25.