Meanwhile, the S&P BSE Sensex was down 42.35 points, or 0.13% to 32,991.21. The S&P BSE Small-Cap index was up 32.18 points or 0.18%, to 17,602.95, outperforming the Sensex.

High volumes were witnessed on the counter. On the BSE, 10.29 lakh shares were traded in the counter so far, compared with average daily volumes of 5.62 lakh shares in the past two weeks. The stock had hit a high of Rs 37.80 and a low of Rs 36.10 so far during the day. The stock had hit a 52-week high of Rs 50.70 on 15 May 2017. The stock had hit a 52-week low of Rs 35.50 on 22 November 2016.

On absolute basis, the company's gross non-performing assets (NPAs) stood at Rs 622.52 crore as on 30 September 2017, compared with Rs 638.83 crore as on 30 June 2017 and Rs 403.85 crore as on 30 September 2016. The ratio of gross NPAs to gross advances stood at 5.92% as on 30 September 2017 as against 5.83% as on 30 June 2017 and 4.29% as on 30 September 2016. The ratio of net NPAs to net advances stood at 4.28% as on 30 September 2017 as against 4.11% as on 30 June 2017 and 2.86% as on 30 September 2016.

Dr Ashok Haldia Managing Director & CEO of the company said that the overall performance of the company shows growth, however, it is constrained by the legacy of stressed assets moving towards resolution. Financial performance of Q2 September 2017, has been impacted by provisioning against an equity investment which the lenders are to refer to National Company Law Tribunal (NCLT) for resolution.

Sustained efforts in Q2, however, helped in keeping the stressed assets under check and are to reduce in the coming quarters.

PTC India Financial Services is a non-banking finance company promoted by PTC India. It has been granted the status of an Infrastructure Finance company by the RBI.