Hot Pursuit     16-May-24
Power Finance Corporation Ltd rises for third straight session
Power Finance Corporation Ltd is quoting at Rs 454.9, up 4.2% on the day as on 12:49 IST on the NSE. The stock is up 245.98% in last one year as compared to a 21.94% jump in NIFTY and a 9.91% jump in the Nifty Financial Services index.

Power Finance Corporation Ltd is up for a third straight session today. The stock is quoting at Rs 454.9, up 4.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.13% on the day, quoting at 22170.7. The Sensex is at 72921.62, down 0.09%. Power Finance Corporation Ltd has gained around 15.03% in last one month.

Meanwhile, Nifty Financial Services index of which Power Finance Corporation Ltd is a constituent, has gained around 1.5% in last one month and is currently quoting at 21186, up 0.13% on the day. The volume in the stock stood at 251.45 lakh shares today, compared to the daily average of 216.26 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 456.25, up 4.17% on the day. Power Finance Corporation Ltd is up 245.98% in last one year as compared to a 21.94% jump in NIFTY and a 9.91% jump in the Nifty Financial Services index.

The PE of the stock is 10.03 based on TTM earnings ending March 24.

Previous News
  Power Finance Corporation consolidated net profit rises 22.46% in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   17:28 )
  Power Finance Corporation announces incorporation of SPV
 ( Corporate News - 20-Jun-23   17:48 )
  PFC spurts on selling subsidiary to Torrent Power
 ( Hot Pursuit - 21-Mar-24   12:00 )
  Power Finance Corporation announces cessation of director
 ( Corporate News - 01-Jan-24   14:04 )
  PFC gains after arm incorporates 2 SPVs for IPP in Rajasthan
 ( Hot Pursuit - 12-Jun-23   10:37 )
  Power Finance Corporation Ltd soars 1.61%, up for third straight session
 ( Hot Pursuit - 27-Jun-22   13:05 )
  Power Finance Corporation standalone net profit rises 12.16% in the March 2022 quarter
 ( Results - Announcements 25-May-22   16:09 )
  Board of Power Finance approves borrowing plan of up to Rs 80,000 cr in FY24
 ( Corporate News - 21-Mar-23   19:14 )
  PFC board issues of bonus share in 1:4 ratio; Q1 PAT jumps 31 YoY to Rs 5,982 crore
 ( Hot Pursuit - 12-Aug-23   10:53 )
  Power Finance Corporation consolidated net profit rises 29.71% in the June 2021 quarter
 ( Results - Announcements 13-Aug-21   08:33 )
  Power Finance Corporation to declare Quarterly Result
 ( Corporate News - 28-Oct-22   10:27 )
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