PTC India Financial services rises on sanctioning fresh loans of Rs 2,329 crore in Q4FY21
PTC India Financial services is currently trading at Rs. 19.45, up by 0.20 points or 1.04% from its previous closing of Rs. 19.25 on the BSE.
The scrip opened at Rs. 19.35 and has touched a high and low of Rs. 20.30 and Rs. 19.20 respectively. So far 670413 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 24.30 on 08-Dec-2020 and a 52 week low of Rs. 9.87 on 15-Jun-2020.
Last one week high and low of the scrip stood at Rs. 22.20 and Rs. 18.90 respectively. The current market cap of the company is Rs. 1246.03 crore.
The promoters holding in the company stood at 64.99%, while Institutions and Non-Institutions held 4.60% and 30.40% respectively.
PTC India Financial services (PFS) has sanctioned fresh loans of Rs 2,329 crore and disbursements of Rs 1,331 crore during the quarter ended March. Provision coverage ratio increased to 62 per cent in Q4 FY21 compared to 49 per cent in Q3 FY21.
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.