Power Finance Corporation Ltd.

Power Finance Corporation is currently trading at Rs. 119.05, up by 1.05 points or 0.89% from its previous closing of Rs. 118.00 on the BSE.

The scrip opened at Rs. 117.60 and has touched a high and low of Rs. 120.50 and Rs. 117.30 respectively. So far 458454 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 124.20 on 29-Mar-2019 and a 52 week low of Rs. 67.60 on 17-Jul-2018.

Last one week high and low of the scrip stood at Rs. 120.50 and Rs. 110.80 respectively. The current market cap of the company is Rs. 31311.37 crore.

The promoters holding in the company stood at 59.05%, while Institutions and Non-Institutions held 35.33% and 5.63% respectively.

Power Finance Corporation has reported over 2-fold jump in its net profit at Rs 2,117.56 crore for the quarter ended March 31, 2019 as compared to Rs 796.35 crore for the same quarter in the previous year. Total income of the company increased by 23.14% at Rs 7,702.64 crore for quarter under review as compared to Rs 6,254.96 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 58.50% in its net profit at Rs 6,952.92 crore as compared to Rs 4,386.77 crore for the previous year. Total income of company increased 11.05% at Rs 28,851.29 crore for year under review as compared to Rs 25,980.25 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 43.69% in its net profit at Rs 12,640.27 crore as compared to Rs 8,796.69 crore for the previous year. Total income of company increased by 11.33% at Rs 54,156.83 crore for year under review as compared to Rs 48,645.42 crore for year ended March 31, 2018.