Power Finance Corporation Ltd.

Power Finance Corporation is currently trading at Rs. 265.30, up by 1.40 points or 0.53% from its previous closing of Rs. 263.90 on the BSE.

The scrip opened at Rs. 265.90 and has touched a high and low of Rs. 267.20 and Rs. 262.50 respectively. So far 71881 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. 116.65 on 06-Sep-2013.

Last one week high and low of the scrip stood at Rs. 270.00 and Rs. 251.25 respectively. The current market cap of the company is Rs. 35099.88 crore.

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

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.