Power Finance Corp Share Price: Power Finance Corp. shares gain 1.97% as Sensex rises

Shares of Power Finance Corporation Ltd. traded 1.97 per cent up at Rs 142.5 at 11:17AM (IST) on Thursday, even as BSE benchmark Sensex gained 540.9 points to 59730.63. The stock had closed at Rs 139.75 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 148.1 and Rs 83.55, respectively.

As per BSE data, total traded volume on the counter till 11:17AM (IST) stood at 11:17AM shares with turnover at Rs 1.27 crore.

At the prevailing price, shares of the company trades at 2.99 times its trailing 12-month earnings per share of Rs 47.52 per share and 0.49 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.57.


Shareholding Details

Promoters held 55.99 per cent stake in the company as of 30-Jun-2021, while FIIs owned 17.35 per cent and DIIs 19.38 per cent.

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