Power Finance Corp Stock Price: Power Finance Corp. rises 0.48% as Sensex slides

Shares of Power Finance Corporation Ltd. traded at Rs 115.75 on BSE at 11:19AM (IST) on Friday, up 0.48 per cent from previous close.

The stock quoted a 52-week low price of Rs 74.2 and a high of Rs 140.5.

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

A total of 122,055 lakh shares changed hands on the counter till 11:19AM (IST).

The stock of Power Finance Corporation Ltd. commanded a market value of Rs 30413.74 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 3.27, while the price-to-book value ratio stood at 0.49. Return on equity (ROE) was at 14.41 per cent, according to exchange data.

In the BSE500 pack, 300 stocks traded in the green, while 200 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 31-Dec-2020 while overseas and domestic institutional investors owned 17.37 per cent and 13.89 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 104.01 on April 09, while the 50-DMA was at 124.19. 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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