Power Grid Corporation of India Ltd is down for a fifth straight session today. The stock is quoting at Rs 340.65, down 1.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 25092.5. The Sensex is at 81969.31, down 0.64%.Power Grid Corporation of India Ltd has added around 2.84% in last one month.Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has eased around 1.66% in last one month and is currently quoting at 42550.5, down 0.83% on the day. The volume in the stock stood at 138.65 lakh shares today, compared to the daily average of 174.61 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 343.6, down 1.05% on the day. Power Grid Corporation of India Ltd jumped 73.27% in last one year as compared to a 28.38% rally in NIFTY and a 58.12% spurt in the Nifty Energy index.
The PE of the stock is 20.91 based on TTM earnings ending June 24.