Power Finance Corporation Ltd.

Power Finance Corporation (PFC) is currently trading at Rs. 184.90, up by 0.55 points or 0.30% from its previous closing of Rs. 184.35 on the BSE.

The scrip opened at Rs. 183.90 and has touched a high and low of Rs. 185.90 and Rs. 183.60 respectively. So far 50876 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 223.80 on 17-Feb-2012 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. 189.80 and Rs. 180.00 respectively. The current market cap of the company is Rs. 24280.14 crore.

The promoters holding in the company stood at 73.72% while Institutions and Non-Institutions held 18.59% and 7.68% respectively. 

Power Finance Corporation’s wholly owned subsidiary, PFC Consulting (PFCCL), is seeking a partner to offer consultancy in project and design engineering and project management of thermal power plants. PFCCL is likely to enter into an equal joint venture with an organization with international presence and experience in providing consulting solutions in coal based thermal generation. 

PFC Consulting was carved out of Power Finance Corporation in March 2008. The company is mandated to promote, organize and carry on consultancy services and to undertaking jobs related to the development of Ultra Mega Power Projects.