Power Finance Corp Share Price: Power Finance Corp. declines 0.97% as Sensex slides

Shares of Power Finance Corporation Ltd. traded at Rs 132.05 on BSE at 01:00PM (IST) on Tuesday, down 0.97 per cent from previous close.

The stock quoted a 52-week low price of Rs 82.15 and a high of Rs 140.75.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 119,143 lakh shares changed hands on the counter till 01:00PM (IST).

The stock of Power Finance Corporation Ltd. commanded a market value of Rs 35060.28 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 2.79, while the price-to-book value ratio stood at 0.49. Return on equity (ROE) was at 19.33 per cent, according to exchange data.

In the BSE500 pack, 153 stocks traded in the green, while 347 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.57.

Promotor/FII Holding

Promoters held 55.99 per cent in Power Finance Corporation Ltd. as of 30-Jun-2021 while foreign portfolio investors and domestic institutional investors owned 17.35 per cent and 13.19 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 122.12 on September 21, while the 50-DMA was at 129.23. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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