Power Finance Corporation Limited (NSE: PFC)
India
· Delayed Price · Currency is INR | Market Cap | 1.50T |
| Revenue (ttm) | 396.59B |
| Net Income (ttm) | 211.97B |
| Shares Out | 3.30B |
| EPS (ttm) | 64.23 |
| PE Ratio | 7.08 |
| Forward PE | n/a |
| Dividend | 13.50 (2.97%) |
| Ex-Dividend Date | Nov 25, 2024 |
| Volume | 8,930,305 |
| Open | 463.15 |
| Previous Close | 461.45 |
| Day's Range | 451.80 - 467.65 |
| 52-Week Range | 309.55 - 580.00 |
| Beta | 0.77 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 8, 2024 |
About Power Finance Corporation
Power Finance Corporation Limited, a non-banking finance company, engages in the provision of financial products and related advisory, and other services to the power, logistics, and infrastructure sectors in India. The company offers fund-based financial policies/products, including project term and corporate loans, debt refinancing, lease financing for the purchase of equipment and for wind power projects, line of credit for import of coal, credit facility for the purchase of power through power exchanges, short/medium-term loans, buyer’s lin... [Read more]
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 StatementsNews
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...
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 ...
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...
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...
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...
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 ...
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 ...
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....
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...
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...
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...
Power Finance Corporation market cap sees ₹4,448 crore loss as shares decline over 3%
Power Finance Corporation Ltd. (PFC), a central Public Sector Undertaking (PSU) under the Ministry of Power, witnessed a significant decline in its share price, resulting in a market capitalization lo...
Stock to Watch: PFC – Transfers transmission projects to Adani Energy Solutions for ₹38.4 crore
Power Finance Corporation (PFC) has transferred its Jamnagar Transmission and Navinal Transmission projects to Adani Energy Solutions for a combined amount of ₹38.4 crore. The transfer includes ₹19.3 ...
Power Finance Corporation incorporates new subsidiary for transmission project in Bhadla and Bikaner
Power Finance Corporation Limited (PFC) has announced the incorporation of a new Special Purpose Vehicle (SPV) named Bhadla and Bikaner Complex Transmission Limited.
Motilal Oswal initiates coverage on power financiers – PFC and REC
Motilal Oswal has initiated coverage on two major power financing companies, Power Finance Corporation (PFC) and REC Limited, with buy ratings. The target prices set are ₹560 for PFC and ₹630 for REC....
MMRDA secures Rs 31,674cr loan to fast-track nine infra projects in Mumbai Metropolitan Region
Mumbai: The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a loan Rs 31,674 crore from Power Finance Corporation (PFC) to fund v.
Power Finance Corporation shares drop over 5% amid higher selling volumes
Power Finance Corporation Ltd. (PFC) saw its shares fall by over 5% in Monday’s trading session due to increased selling pressure. By 11:55 AM, the shares were trading 4.95% lower at ₹518.30 on the NS...
UBS initiates coverage on PFC, REC with Buy rating, expects both stocks to rally over 16%
UBS has initiated coverage on Power Finance Corporation (PFC) and REC Limited, assigning both stocks a "Buy" rating.