Hot Pursuit     10-Nov-15
PFS tumbles after declaring Q2 result
PTC India Financial Services lost 13.79% to Rs 41.25 at 15:11 IST on BSE after the company's Q2 net profit was boosted by profit from sale of investments.

Meanwhile, the BSE Sensex was down 303.05 points, or 1.16%, to 25,818.35

On BSE, so far 13.13 shares were traded in the counter, compared with an average volume of 2.86 lakh shares in past one quarter.

The stock hit a high of Rs 45 and a low of Rs 40.60 so far during the day. The stock hit a record high of Rs 73.15 on 15 January 2015. The stock hit a 52-week low of Rs 37.10 on 8 September 2015.

The stock had outperformed the market over the past one month till 9 November 2015, rising 6.1% compared with 3.54% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 3.8% as against Sensex's 7.49% decline.

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

PTC India Financial Services (PFS) posted 454% surge in net profit to Rs 211.25 crore on 121.8% growth in total income to Rs 442.29 crore in Q2 September 2015 over Q2 September 2014. Profit from sale of investments stood at Rs 206.93 crore in Q2 September 2015, PFS said. The result was announced after market hours yesterday, 9 November 2015.

PFS is a non-banking financial company (NBFC) promoted by PTC India. PFS has been granted the status of an Infrastructure Finance Company (IFC) by the Reserve Bank of India. The company offers an array of financial products to infrastructure companies in the entire energy value chain. PFS also provides fee based services viz. loan syndication and underwriting etc.

Previous News
  PTC India Financial Services to convene board meeting
 ( Corporate News - 15-Nov-22   09:40 )
  PTC India Financial gains after Q4 PAT climbs 46% YoY
 ( Hot Pursuit - 19-May-23   12:29 )
  PTC India Financial Services appoints Director (Finance) and CFO
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  PTC India Financial hits the roof as board appoints S Gopal as CFO
 ( Hot Pursuit - 19-Jan-23   12:34 )
  Board of PTC India Financial Services sanctions additional disbursements of Rs 974 cr
 ( Corporate News - 15-Mar-21   14:29 )
  PTC India Financial Services to declare Quarterly Result
 ( Corporate News - 05-May-23   16:18 )
  PTC India Financial Services
 ( Analyst Meet / AGM - Analyst Meet 17-May-16   12:07 )
  PTC India Financial slumps after 3 independent directors resign
 ( Hot Pursuit - 20-Jan-22   12:54 )
  PTC India Financial Services announces board meeting date
 ( Corporate News - 29-Jul-20   16:26 )
  PTC India Financial Services update on resolution of stressed account of NRSS XXXVI Transmission
 ( Corporate News - 15-Nov-21   13:21 )
  PTC India Financial Services
 ( Results - Analysis 16-Jan-15   10:41 )
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