Power Finance Corp. shares rise 3.27% as Sensex climbs

Shares of the Power Finance Corporation Ltd. traded at Rs 110.45 on BSE at 10:46AM (IST) on Tuesday, up 3.27 per cent from previous close.

The scrip 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 up opening in the morning.

A total of 249,303 lakh shares changed hands on the counter till 10:46AM (IST).

The stock of Power Finance Corporation Ltd. commands a market value of Rs 29001.29 crore.

The stock traded at a price-to-earning (P/E) multiple of 3.12, 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, 371 stocks traded in the green, while 129 stocks were in the red.

Promotor Holding

Promoters held 55.99 per cent in the Power Finance Corporation Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 17.32 per cent and 19.55 per cent, respectively.

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