Power Finance Corporation Ltd.

Power Finance Corporation is currently trading at Rs. 145.40, up by 1.85 points or 1.29% from its previous closing of Rs. 143.55 on the BSE.

The scrip opened at Rs. 143.50 and has touched a high and low of Rs. 145.75 and Rs. 142.90 respectively. So far 105721 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 161.90 on 09-Jan-2023 and a 52 week low of Rs. 97.15 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 146.50 and Rs. 136.10 respectively. The current market cap of the company is Rs. 38294.38 crore.

The promoters holding in the company stood at 55.99%, while Institutions and Non-Institutions held 34.74% and 9.27% respectively.

Power Finance Corporation has reported rise of 26.25% in its net profit at Rs 3004.93 crore for third quarter ended December 31, 2022 as compared to Rs 2380.21 crore for the same quarter in the previous year. Total income of the company increased by 7.61% at Rs 10364.40 crore for the quarter under review as compared Rs 9631.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 7.09% in its net profit at Rs 5241.10 crore for third quarter ended December 31, 2022 as compared to Rs 4893.91 crore for the same quarter in the previous year. Total income of the company increased by 2.34% to Rs 19662.65 crore for the quarter under review as compared to Rs 19213.69 crore for the same quarter in the previous year.