Shares of Power Finance Corporation Ltd. rose 1.88% to Rs 94.65 in Wednesday's trade. It hit an intraday high of Rs 95.2 and a low of Rs 93.1, respectively, during the day.

The stock quoted a 52-week high price of Rs 133.3 and a low of Rs 74.2.

As of 10:21AM (IST), the counter saw a total traded volume of 73,773 shares with a traded value of Rs 0.7 crore, according to NSE.

The stock had closed at Rs 92.9 in the previous session.

The scrip has advanced 5.64% in the past one month till date, while the benchmark BSE Sensex has gained 2.4% during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 3.28 while the price-to-book ratio stood at 0.69. A higher P/E ratio shows that investors are willing to pay a higher price per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicated the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Term Lending - Power industry.

Promotor/FIIs Holding

Promotors held a 55.99% stake in the company as of 30-Jun-2020, while FII and MF ownership in the firm stood at 17.45% and 14.53%, respectively.

Key Financials

The company reported consolidated sales of Rs 16870.16 crore for the quarter ended 30-Jun-2020, up 4.61% from the previous quarter's Rs 16126.66 crore and up 15.56% from the year-ago quarter's Rs 14599.22 crore. Its net profit for the latest quarter stood at Rs 2683.2 crore, up 22.8% from the same quarter a year ago.