Power Finance Corporation Ltd.

Finance Minister, Pranab Mukherjee announced Tax free bonds to be doubled to Rs 60,000 crore.

Power Finance Corporation (PFC) is currently trading at Rs. 198.85, up by 5.15 points or 2.66% from its previous closing of Rs. 193.70 on the BSE.

The scrip opened at Rs. 194.45 and has touched a high and low of Rs. 199.40 and Rs. 194.00 respectively. So far 131377 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.85 on 08-Apr-2011 and a 52 week low of Rs. 130.20 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 206.00 and Rs. 188.30 respectively. The current market cap of the company is Rs. 26134.65 crore.

The promoters holding in the company stood at 73.72% while Institutions and Non-Institutions held 17.03% and 9.25% respectively.