PFC trades higher on the BSE
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Power Finance Corporation is currently trading at Rs. 125.00, up by 0.10 points or 0.08% from its previous closing of Rs. 124.90 on the BSE.
The scrip opened at Rs. 125.00 and has touched a high and low of Rs. 125.40 and Rs. 123.65 respectively. So far 146579 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 129.85 on 22-Nov-2021 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. 125.40 and Rs. 119.55 respectively. The current market cap of the company is Rs. 33001.02 crore.
The promoters holding in the company stood at 55.99%, while Institutions and Non-Institutions held 34.04% and 9.96% respectively.
Power Finance Corporation (PFC) has sanctioned a loan of Rs 3,940 crore for the construction of the Machilipatnam greenfield seaport. The loan sanction letter has been sent to Machilipatnam Port Development Corporation.
The estimated cost of the Machilipatnam port is Rs 5,253.89 crore. The Machilipatnam port will be constructed on nearly 4,000 acres in two phases as per the master plan.
PFC is central PSU under Ministry of Power and India's leading NBFC.
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