Hot Pursuit     07-Aug-13
PFS slips to 52-week low
PTC India Financial Services tumbled 4.36% to Rs 10.30 at 13:06 IST on BSE as the stock turned ex-dividend today, 7 August 2013, for dividend of 40 paise per share for the year ended 31 March 2013.

Meanwhile, the S&P BSE Sensex was down 24.13 points or 0.13% at 18,708.91.

On BSE, 90,000 shares were traded in the counter as against average daily volume of 83,564 shares in the past one quarter.

The stock hit a low of Rs 10.15 so far during the day, which is also its 52-week low for the counter. The stock hit a high of Rs 10.60 so far during the day. The stock had hit a 52-week high of Rs 20.28 on 27 November 2012.

The stock had underperformed the market over the past one month till 6 August 2013, sliding 19.87% compared with the Sensex's 3.91% fall. The scrip had also underperformed the market in past one quarter, declining 22.46% as against Sensex's 4.78% fall.

The small-cap company has equity capital of Rs 562.08 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 3.71% based on the closing price of Rs 10.77 on Tuesday, 6 August 2013.

PTC India Financial Services' (PFS) net profit rose 6.6% to Rs 24.46 crore on 43% growth in total income to Rs 86.22 crore in Q1 June 2013 over Q1 June 2012.

PFS is promoted by PTC India as a special purpose investment vehicle to provide total financial services to the entities in energy value chain, which inter-alia includes investing in equity and/or extending debt to power projects in generation, transmission, distribution; fuel sources, fuel related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers and EPC contractors etc. PFS also provides non-fund based financial services adding value to green field and brown field projects at various stages of growth and development.

Previous News
  PTC India Financial Services to hold board meeting
 ( Corporate News - 15-May-24   12:01 )
  PTC India Financial Services consolidated net profit declines 27.29% in the June 2023 quarter
 ( Results - Announcements 28-Jul-23   15:21 )
  PTC India Financial Services reports standalone net loss of Rs 110.44 crore in the March 2018 quarter
 ( Results - Announcements 14-May-18   16:55 )
  PTC India Financial Services consolidated net profit rises 3.19% in the December 2019 quarter
 ( Results - Announcements 27-Jan-20   17:57 )
  PTC India Financial Services to announce Quarterly Result
 ( Corporate News - 28-Jan-21   10:44 )
  PTC India Financial Services standalone net profit rises 123.86% in the March 2017 quarter
 ( Results - Announcements 23-May-17   16:06 )
  PTC India Financial Services revises board meeting date
 ( Corporate News - 12-May-23   12:22 )
  PTC India Financial Services revises board meeting date
 ( Corporate News - 09-Apr-22   12:52 )
  PTC India Financial Services update on borrowing costs and liquidity
 ( Corporate News - 23-Oct-20   10:39 )
  PTC India Financial Services
 ( Analyst Meet / AGM - Conference Call 10-Nov-16   17:37 )
  PTC India Financial slumps after dismal Q4 numbers
 ( Hot Pursuit - 14-May-18   14:52 )
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