Power Finance Corp Share Price: Power Finance Corp. shares drop 1.52% as Sensex rises

Shares of Power Finance Corporation Ltd. traded 1.52 per cent down at Rs 135.85 at 01:52PM (IST) on Monday, even as BSE benchmark Sensex gained 35.28 points to 60721.97. The scrip had closed at Rs 137.95 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 153.75 and Rs 98.1, respectively.

As per BSE data, total traded volume on the counter till 01:52PM (IST) stood at 01:52PM shares with turnover at Rs 0.85 crore.

At the current price, shares of the company trades at 2.75 times its trailing 12-month earnings per share of Rs 49.41 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-Sep-2021, while FIIs owned 17.88 per cent and DIIs 13.67 per cent.

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