PTC India Financial Services jumps on sanctioning additional loans of Rs 800 crore
PTC India Financial Services is currently trading at Rs. 17.05, up by 0.45 points or 2.71% from its previous closing of Rs. 16.60 on the BSE.
The scrip opened at Rs. 17.00 and has touched a high and low of Rs. 17.40 and Rs. 17.00 respectively. So far 220446 shares were traded on the counter.
The BSE group 'Z' stock of face value Rs. 10 has touched a 52 week high of Rs. 25.90 on 19-Jan-2022 and a 52 week low of Rs. 12.40 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 18.50 and Rs. 15.55 respectively. The current market cap of the company is Rs. 1101.52 crore.
The promoters holding in the company stood at 64.99%, while Institutions and Non-Institutions held 4.74% and 30.26% respectively..
PTC India Financial Services (PFS) has sanctioned additional loans of Rs 800 crore to various borrowers. The company is committed to perform better in coming quarters to achieve sustainable growth.
Earlier, the company’s Board had sanctioned proposal of aggregate Rs 595 crore which shall be utilized for solar and other infrastructure projects.
PTC India Financial Services is an Indian non-banking financial institution. The company makes principal investments in, and provides financing solutions for, companies with projects across the energy value chain.