Power Finance Corporation Limited (BOM: 532810)

India flag India · Delayed Price · Currency is INR
504.15
0.00 (0.00%)
At close: Dec 13, 2024
29.30%
Market Cap 1.66T
Revenue (ttm) 396.59B
Net Income (ttm) 211.97B
Shares Out n/a
EPS (ttm) 64.23
PE Ratio 7.85
Forward PE n/a
Dividend 15.75 (3.12%)
Ex-Dividend Date Nov 25, 2024
Volume 172,492
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range 351.85 - 580.35
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 7, 2025

About Power Finance Corporation

Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory, and other services to the power sector in India. The company offers fund based financial policies/products, including guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects; debt refinancing and prepayment policy for solar wind projects; and takeout financing, asset acquisition, bridge loan, buyer's line of credit, credit facility for purchase of power throu... [Read more]

Industry Miscellaneous business Credit Institutions
Founded 1986
Employees 545
Stock Exchange Bombay Stock Exchange
Ticker Symbol 532810
Full Company Profile

Financial Performance

In 2023, Power Finance Corporation's revenue was 371.09 billion, an increase of 11.19% compared to the previous year's 333.74 billion. Earnings were 197.61 billion, an increase of 24.37%.

Financial Statements

News

Power Finance Corporation’s market cap rises by Rs 3,008 crore today

Shares of Power Finance Corporation (PFC) experienced a 1.83% rise today, closing at Rs 500.10, compared to the previous close of Rs 491.10. This price increase resulted in a market capitalization gai...

16 days ago - Business Upturn

Power Finance Corporation gains ₹5,323 crore in market cap as shares rise 3.56%

Power Finance Corporation Limited’s shares jumped 3.56% today to ₹469.50 per share, adding ₹5,323 crore to its market capitalization. The company now boasts a total market cap of ₹1,54,840.77 crore. K...

22 days ago - Business Upturn

PFC shares surge nearly 4% ahead of ex-dividend date, Bernstein maintains “overweight” rating

Shares of Power Finance Corporation (PFC) surged by nearly 4% on Friday as the stock nears its ex-dividend date of November 25 for its interim dividend of ₹3.50 per share. The dividend was declared ea...

22 days ago - Business Upturn

Correction in PFC, REC shares after Adani Group news is a buying opportunity, says brokerage firm Bernstein

Bernstein has reaffirmed its positive stance on Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) amid a sharp correction in their stocks due to concerns raised by the US SEC...

22 days ago - Business Upturn

Power Finance Corporation market cap declines by Rs 8,149 crore – Know More

Power Finance Corporation (PFC) faced a steep decline in its stock price today, closing 5.24% lower at Rs 446.70. This drop led to an estimated market capitalization loss of Rs 8,149 crore, reducing t...

23 days ago - Business Upturn

Power Finance Corporation Incorporates Subsidiary for Mahan Energen Transmission Project

Power Finance Corporation Limited (PFC) has announced the incorporation of MEL Power Transmission Limited, a wholly-owned subsidiary of PFC Consulting Limited (PFCCL), which is itself a wholly-owned s...

23 days ago - Business Upturn

Power Finance Corporation transfers Pune-III Transmission Limited to Adani Energy Solutions

The transaction was finalized with a consideration of ₹18,78,79,037 as per the Share Purchase Agreement.

24 days ago - Business Upturn

Power Finance Corporation’s market cap surges by Rs 5,915 crore: Know More

Shares of Power Finance Corporation (PFC) registered a significant gain today, rising 3.89% to Rs 477.05, up from its previous close of Rs 459.20. This surge in share price added approximately Rs 5,91...

25 days ago - Business Upturn

Power Finance Corporation’s market cap rises by Rs 3,360 crore: Know More

Power Finance Corporation Limited experienced a 2.24% surge in its share price today, closing at Rs 464.90, compared to its previous close of Rs 454.70. This positive movement increased the company’s ...

25 days ago - Business Upturn

PFC Share Price: Macquarie initiates outperform on PFC with target at Rs 630, indicating 35% upside

Macquarie has initiated an outperform rating on Power Finance Corporation (PFC), setting a target price of ₹630, which suggests a potential upside of 35% from the current market price (CMP) of ₹467.55...

4 weeks ago - Business Upturn

Power Finance Corporation’s market cap falls by Rs 3,052 crore as stock declines 1.94%

Power Finance Corporation Limited’s stock dropped 1.94% on November 12, 2024, closing at Rs 472.50, down from its previous close of Rs 481.85. This decline brought the company’s market capitalization ...

4 weeks ago - Business Upturn

Why are Power Finance Corporation (PFC) shares up 6% today? Here’s the reason

Power Finance Corporation (PFC) shares have surged close to 7% on positive news, trading at ₹479.25 as of 10:28 am on the NSE. The strong rally in PFC’s stock price follows upbeat guidance from the ma...

4 weeks ago - Business Upturn

Power Finance Corporation (PFC) shares gain nearly 5% after Q2 results

State-owned Power Finance Corporation Ltd (PFC) saw its shares rise by 4.08% to ₹467.75 on the NSE as of 9:35 am, following the announcement of its Q2 FY25 financial results, which demonstrated strong...

4 weeks ago - Business Upturn

Power Finance Corporation (PFC) share price: Buy, sell, or hold? Here’s what brokerages are saying

Brokerages maintain a positive outlook on Power Finance Corporation (PFC), driven by strong asset quality improvements, disbursement growth, and attractive valuations. Here’s a summary of recommendati...

4 weeks ago - Business Upturn

UBS maintains ‘Buy’ rating on PFC with 49% upside from current share price

UBS has reiterated its ‘Buy’ rating on Power Finance Corporation (PFC), setting a target price of ₹670 per share, indicating a potential 49% upside from the current market price (CMP) of ₹450.80. The ...

4 weeks ago - Business Upturn

Bernstein maintains ‘Outperform’ rating on PFC with 38% upside from CMP

Bernstein has reiterated its ‘Outperform’ rating on Power Finance Corporation (PFC), setting a target price of ₹620 per share, indicating a potential 38% upside from the current market price (CMP) of ...

4 weeks ago - Business Upturn

CLSA maintains ‘Outperform’ rating on PFC with 35% upside from currnet share price

CLSA has reiterated its ‘Outperform’ rating on Power Finance Corporation (PFC), setting a target price of ₹610 per share, indicating a potential 35% upside from the current market price (CMP) of ₹450....

4 weeks ago - Business Upturn

India’s Power Finance Turns Down $2.4 Billion Debt to Shapoorji

India’s state-run Power Finance Corporation Ltd has decided against extending a loan to Shapoorji Pallonji Group, a top official said, throwing into doubt the infrastructure conglomerate’s plans to re...

4 weeks ago - BNN Bloomberg

Power Finance Corporation Q2 FY25 Results: Net Profit grows 8.6% to ₹7,214.90 crore

Power Finance Corporation (PFC) has released its financial results for the second quarter ended September 30, 2024, reporting a significant year-on-year (YoY) increase in profitability and operational...

5 weeks ago - Business Upturn

Power Finance Corporation (PFC) declares 2nd interim dividend at Rs 3.50 per share

Power Finance Corporation (PFC) has announced the declaration of a second interim dividend of ₹3.50 per equity share (35% of face value) for FY 2024-25. The dividend is subject to Tax Deducted at Sour...

5 weeks ago - Business Upturn