Power Finance Corp. Share Price: The Power Finance Corp. share price. 0.55% drop as Sensex climbs

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The shares of Power Finance Corporation Ltd. fell 0.55% to Rs 136.6 by 12:25 p.m. (IST) on Thursday. Earlier today, the action got off to a start.

According to the available data on BSE, the total quantity traded over the counter stood at 145,102 shares with a turnover of Rs 1.99 crore until 12:25 am (IST). The stock traded at a price / earnings (P / E) multiple of 2.88, while the price-to-book ratio stood at 0.49.

The return on equity (ROE) was 19.33%, according to stock exchange data. The stock hit an intraday high of Rs 138.4 and a low of Rs 136.3 during the session and traded a 52-week high of Rs 140.75 and a 52-week low of Rs 140.75. Rs 82.15.

The stock’s beta value, which measures its volatility relative to the overall market, stood at 1.57.

Technical indicators

The 200-DMA (Daily Moving Average) for the stock stood at Rs 121.72 on September 16, while the 50-DMA was at Rs 128.46. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the action can go either way.

The Relative Strength Index (RSI) of was 63.44. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the value of the RSI is above 70 and oversold when it is below 30.

Promoter holding

As of June 30, 2021, promoters held 55.99% of the company’s capital, while foreign institutional investors held 17.35% and domestic institutional investors 19.38%.

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