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CRISIL assigns fundamental grade of 4/5 on Power Finance Corporation

08 Sep 2014 Evaluate

Credit rating agency, CRISIL Research has assigned a CRISIL IER fundamental grade of 4/5 on Power Finance Corporation (PFC). The grade indicates that the company’s fundamentals are ‘good’ relative to other listed equity securities in India. The rating agency has also assigned valuation grade of 3/5 to the company.

PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.

 

Peers
Company Name CMP
Power Finance Corpn. 325.25
REC 299.75
NHIT 168.00
Satin Creditcare Net 224.50
IFCI 64.02
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