Power Finance Corporation Ltd.

Power Finance Corporation (PFC) is currently trading at Rs. 270.45, up by 4.85 points or 1.83% from its previous closing of Rs. 265.60 on the BSE.

The scrip opened at Rs. 267.00 and has touched a high and low of Rs. 272.60 and Rs. 266.55 respectively. So far 121258 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 344.20 on 10-Jun-2014 and a 52 week low of Rs. 99.35 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 273.90 and Rs. 253.60 respectively. The current market cap of the company is Rs. 35588.30 crore.

The promoters holding in the company stood at 72.80% while Institutions and Non-Institutions held 21.96% and 5.24% respectively.

Power Finance Corporation’s net profit has surged by 20.86% at Rs 1448.26 crore as compared to Rs 1198.24 crore for the quarter ended June 30, 2013. Its total income has increased by 18.07% to Rs 5923.90 crore for the quarter under review from Rs 5017.10 crore for the corresponding quarter of the previous year.

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.