Power Finance Corporation Ltd.

Power Finance Corporation is currently trading at Rs. 93.25, up by 3.05 points or 3.38% from its previous closing of Rs. 90.20 on the BSE.

The scrip opened at Rs. 92.50 and has touched a high and low of Rs. 93.75 and Rs. 88.30 respectively. So far 266459 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 138.80 on 28-Jun-2019 and a 52 week low of Rs. 83.00 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 103.30 and Rs. 83.00 respectively. The current market cap of the company is Rs. 24499.96 crore.

The promoters holding in the company stood at 55.99%, while Institutions and Non-Institutions held 39.16% and 4.85% respectively.

Power Finance Corporation (PFC) has signed an agreement with the health department of the Mizoram government to construct a 100-bed hospital in the Mamit district of the northeastern state. The project's cost is Rs 18 crore. The hospital would provide medical care to the people living in Mamit, villages that come under the district and to those living in villages of bordering states.

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.