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Power Finance Corporation`s Non-Convertible Debentures lists on BSE  The Public Issue of secured, rated, listed, redeemable non-convertible debentures by Power Finance Corporation Limited, a Company registered with the Reserve Bank of India (RBI) as a non-deposit taking systemically important Non-Banking Financial Company (NBFC), classified as an Infrastructure Finance Company (IFC) on July 28, 2010, with a belief that its NBFC and IFC classifications enables it to effectively capitalize on available financing opportunities in the Indian power secto...
Power Finance Corporation`s Non-Convertible Debentures lists on BSE
Power Finance Corporation`s Non-Convertible Debentures lists on BSE
Source: PR Agency
4/08/2023 1:12:30 PM
NTPC rises as its JV inks agreement with Andhra Pradesh State Housing Company NTPC is currently trading at Rs. 201.70, up by 1.05 points or 0.52% from its previous closing of Rs. 200.65 on the BSE. The scrip opened at Rs. 201.85 and has touched a high and low of Rs. 202.10 and Rs. 200.05 respectively. So far 3267086 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 202.10 on 26-Jul-2023 and a 52 week low of Rs. 149.00 on 28-Jul-2022. Last one week high and low of the scrip stood at Rs. 202...
NTPC rises as its JV inks agreement with Andhra Pradesh State Housing Company
NTPC rises as its JV inks agreement with Andhra Pradesh State Housing Company
Source: Accord Fintech
26/07/2023 2:23:42 PM
PFC inches up on inking MoU with Juniper Green Energy Power Finance Corporation is currently trading at Rs. 238.45, up by 0.20 points or 0.08% from its previous closing of Rs. 238.25 on the BSE. The scrip opened at Rs. 238.50 and has touched a high and low of Rs. 239.30 and Rs. 236.85 respectively. So far 180355 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 244.00 on 24-Jul-2023 and a 52 week low of Rs. 100.85 on 17-Oct-2022. Last one week high and low of the sc...
PFC inches up on inking MoU with Juniper Green Energy
PFC inches up on inking MoU with Juniper Green Energy
Source: Accord Fintech
26/07/2023 11:59:46 AM
Power Finance Corporation shares hit 52-week high At Rs 244 per share, Power Finance Corporation Ltd has achieved its 52-week high. Rs 101 per share is the stock’s lowest price, while the stock P/E ratio is 3.98. The company finances infrastructure projects in the country's power sector. Its offerings include fund-based products in the form of project term loans, lease financing for purchase of equipment, short/medium term loan to equipment manufacturers, debt refinancing etc. The non-fund based products include deferred p...
Power Finance Corporation shares hit 52-week high
Power Finance Corporation shares hit 52-week high
Source: IANS
25/07/2023 9:01:27 AM
PFC rises after its arm incorporates wholly owned subsidiary Power Finance Corporation is currently trading at Rs. 226.80, up by 0.70 points or 0.31% from its previous closing of Rs. 226.10 on the BSE. The scrip opened at Rs. 225.60 and has touched a high and low of Rs. 228.25 and Rs. 224.60 respectively. So far 137044 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.40 on 11-Jul-2023 and a 52 week low of Rs. 100.85 on 17-Oct-2022. Last one week high and low of the sc...
PFC rises after its arm incorporates wholly owned subsidiary
PFC rises after its arm incorporates wholly owned subsidiary
Source: Accord Fintech
21/07/2023 3:54:54 PM
Power Finance Corporation gains on planning to raise Rs 10,000 crore through NCDs Power Finance Corporation is currently trading at Rs. 224.90, up by 0.25 points or 0.11% from its previous closing of Rs. 224.65 on the BSE. The scrip opened at Rs. 226.10 and has touched a high and low of Rs. 226.35 and Rs. 222.90 respectively. So far 258697 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.40 on 11-Jul-2023 and a 52 week low of Rs. 100.85 on 17-Oct-2022. Last one week high and low of the sc...
Power Finance Corporation gains on planning to raise Rs 10,000 crore through NCDs
Power Finance Corporation gains on planning to raise Rs 10,000 crore through NCDs
Source: Accord Fintech
14/07/2023 4:33:32 PM
PFC gains as its arm incorporates wholly owned subsidiary Power Finance Corporation is currently trading at Rs. 222.30, up by 0.90 points or 0.41% from its previous closing of Rs. 221.40 on the BSE. The scrip opened at Rs. 221.40 and has touched a high and low of Rs. 223.55 and Rs. 217.65 respectively. So far 316333 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 226.65 on 06-Jul-2023 and a 52 week low of Rs. 100.85 on 17-Oct-2022. Last one week high and low of the sc...
PFC gains as its arm incorporates wholly owned subsidiary
PFC gains as its arm incorporates wholly owned subsidiary
Source: Accord Fintech
10/07/2023 12:23:33 PM
PFC rises as its arm incorporates wholly owned subsidiary Power Finance Corporation is currently trading at Rs. 206.00, up by 2.10 points or 1.03% from its previous closing of Rs. 203.90 on the BSE. The scrip opened at Rs. 205.10 and has touched a high and low of Rs. 206.85 and Rs. 204.35 respectively. So far 61378 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 206.85 on 21-Jun-2023 and a 52 week low of Rs. 98.50 on 21-Jun-2022. Last one week high and low of the scri...
PFC rises as its arm incorporates wholly owned subsidiary
PFC rises as its arm incorporates wholly owned subsidiary
Source: Accord Fintech
21/06/2023 10:27:42 AM
PFC moves up as its arm incorporates wholly owned subsidiary power Finance Corporation is currently trading at Rs. 198.10, up by 0.90 points or 0.46% from its previous closing of Rs. 197.20 on the BSE. The scrip opened at Rs. 196.30 and has touched a high and low of Rs. 198.85 and Rs. 195.70 respectively. So far 568440 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 204.45 on 14-Jun-2023 and a 52 week low of Rs. 97.15 on 20-Jun-2022. Last one week high and low of the scr...
PFC moves up as its arm incorporates wholly owned subsidiary
PFC moves up as its arm incorporates wholly owned subsidiary
Source: Accord Fintech
19/06/2023 11:55:48 AM
PFC gains as its arm incorporates two wholly owned subsidiaries Power Finance Corporation is currently trading at Rs. 200.40, up by 1.65 points or 0.83% from its previous closing of Rs. 198.75 on the BSE. The scrip opened at Rs. 199.50 and has touched a high and low of Rs. 200.40 and Rs. 198.95 respectively. So far 24659 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 200.40 on 12-Jun-2023 and a 52 week low of Rs. 97.15 on 20-Jun-2022. Last one week high and low of the scri...
PFC gains as its arm incorporates two wholly owned subsidiaries
PFC gains as its arm incorporates two wholly owned subsidiaries
Source: Accord Fintech
12/06/2023 10:03:42 AM
Power Finance Corporation jumps on reporting 43% rise in Q4 consolidated net profit Power Finance Corporation is currently trading at Rs. 175.50, up by 5.15 points or 3.02% from its previous closing of Rs. 170.35 on the BSE. The scrip opened at Rs. 173.05 and has touched a high and low of Rs. 177.25 and Rs. 172.20 respectively. So far 537887 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 177.40 on 04-May-2023 and a 52 week low of Rs. 97.15 on 20-Jun-2022. Last one week high and low of the scr...
Power Finance Corporation jumps on reporting 43% rise in Q4 consolidated net profit
Power Finance Corporation jumps on reporting 43% rise in Q4 consolidated net profit
Source: Accord Fintech
29/05/2023 12:57:28 PM
Stock Picks : Titan Ltd and Power Finance Corporation Ltd By ICICI Direct Titan Industries Ltd Buy Titan Industries Ltd @2702-2706 CMP 2707.25; Target 2738.00; Stop Loss 2684.00   Power Finance Corporation Ltd Buy Power Finance Corporation Ltd @166.00-166.40 CMP166.00; Target 168.40; Stop Loss 164.80   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration...
Stock Picks : Titan Ltd and Power Finance Corporation Ltd By ICICI Direct
Stock Picks : Titan Ltd and Power Finance Corporation Ltd By ICICI Direct
Source: ICICI Direct
25/05/2023 11:03:49 AM
Stock Picks : ITC Ltd and Power Finance Corporation Ltd By ICICI Direct ITC Ltd  Buy ITC Ltd 427-428 CMP 427.80 ; Target 433.30; Stop Loss 423.20   Power Finance Corporation Ltd Buy Power Finance Corporation Ltd 170.50-171.50 CMP 171.15; Target 174.00; Stop Loss 169.20   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631...
Stock Picks : ITC Ltd and Power Finance Corporation Ltd By ICICI Direct
Stock Picks : ITC Ltd and Power Finance Corporation Ltd By ICICI Direct
Source: ICICI Direct
16/05/2023 10:36:56 AM
Buy Power Finance Corporation Ltd For Target Rs.148- ICICI Securities Power Finance Corporation’s (PFC) Q3FY23 earnings surpassed I-Sec estimates – buoyed by provisioning write-back of Rs1.3bn. Flow of resolutions led to 54bps QoQ and 115bps YoY decline in stage-3 pool to 4.21%, while adequate provisioning towards the same also led to 12bps QoQ and 81bps YoY decline in net stage-3 to 1.19%. Drawing down from sanctions pipeline, disbursements grew 36% YoY in 9MFY23. Incremental sanctions under various power schemes revive hope on loanbook growth gat...
Buy Power Finance Corporation Ltd For Target Rs.148- ICICI Securities
Buy Power Finance Corporation Ltd For Target Rs.148- ICICI Securities
Source: ICICI Securities
24/03/2023 2:27:44 PM
PFC gains on getting nod to raise up to Rs 80,000 crore during FY24 Power Finance Corporation is currently trading at Rs. 155.30, up by 1.15 points or 0.75% from its previous closing of Rs. 154.15 on the BSE. The scrip opened at Rs. 154.95 and has touched a high and low of Rs. 155.40 and Rs. 153.50 respectively. So far 198735 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.55 on 09-Mar-2023 and a 52 week low of Rs. 97.15 on 20-Jun-2022. Last one week high and low of the scr...
PFC gains on getting nod to raise up to Rs 80,000 crore during FY24
PFC gains on getting nod to raise up to Rs 80,000 crore during FY24
Source: Accord Fintech
22/03/2023 11:33:11 AM
Key Stock Ideas: Tata Power, Tata Motors, Power Finance Corp, JK Tyre - ARETE Securities Tata Power Renewable Energy to set up 200 MW solar project in Maharashtra: Tata Power Renewable Energy Ltd (TPREL) on Tuesday said it has received a letter of award from MSEDCL to set up a 200 MW solar project in Solapur, Maharashtra. The letter of award has been received from the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project will be commissioned within 18 months from the PPA (Power Purchase Agreement) execution date. The project was awarded through compe...
Key Stock Ideas: Tata Power, Tata Motors, Power Finance Corp, JK Tyre - ARETE Securities
Key Stock Ideas: Tata Power, Tata Motors, Power Finance Corp, JK Tyre - ARETE Securities
Source: ARETE Securities Ltd
22/03/2023 9:58:28 AM
Pre Budget Stock Picks By LKP Securities Power Finance Corporation Ltd Company Outlook * PFC is the financial backbone of the Indian Power Sector and we pick PFC to play the changing face of the Power Sector in India. * The resolution of legacy portfolios coupled with encouraging asset quality trends makes us optimistic about Power Finance Corporation. * Enforcement of Discipline in the Power Sector through calibrated penalties on defaults by discoms together with the incentivized clearing of old overdue are in our view ...
Pre Budget Stock Picks By LKP Securities
Pre Budget Stock Picks By LKP Securities
Source: LKP Securities Ltd
19/01/2023 12:59:16 PM
Weekly Tech Picks: HDFC Life Insurance Company Ltd, Power Finance Corporation Ltd, Balkrishna industries Ltd, H G Infra Engineering Ltd By Axis Securities HDFC Life Insurance Company Ltd. • HDFCLIFE Ltd. on the weekly chart has decisively broken out above the “Symmetrical Triangular pattern” with strong bullish candle. • The breakout is accompanied with an increase in volume confirming participation at breakout level. • Stock is forming a higher high-low on 6 January, 2023• Stock is forming a higher high-low on the daily chart. This formation indicates a positive uptrend. • The weekly strength in...
Weekly Tech Picks: HDFC Life Insurance Company Ltd, Power Finance Corporation Ltd, Balkrishna industries Ltd, H G Infra Engineering Ltd By Axis Securities
Weekly Tech Picks: HDFC Life Insurance Company Ltd, Power Finance Corporation Ltd, Balkrishna industries Ltd, H G Infra Engineering Ltd By Axis Securities
Source: Axis Securities Ltd
9/01/2023 11:20:27 AM
Stock Picks : Larsen & Toubro Ltd And Power Finance Corporation Ltd By ICICI Direct Larsen & Toubro Ltd  Buy  Larsen & Toubro Ltd  @ 2085-2089 CMP 2087.35 Stop Loss 2066.00 Target 2119.00   Power Finance Corporation Ltd  Buy  Power Finance Corporation Ltd  @ 156.00-156.50 CMP 156.90 Stop Loss 154.90 Target 158.40   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.c...
Stock Picks : Larsen & Toubro Ltd And Power Finance Corporation Ltd By ICICI Direct
Stock Picks : Larsen & Toubro Ltd And Power Finance Corporation Ltd By ICICI Direct
Source: ICICI Direct
6/01/2023 11:50:55 AM
Stock Picks : Power Finance Corporation Ltd And National Alunminium Limited Ltd By ICICI Direct Power Finance Corporation Ltd Buy Power Finance Corporation Ltd @ 46.50-147.00 CMP 149.70 Stop Loss 145.40 Target 148.90    National Alunminium Limited Buy  National Alunminium Ltd @ 82.30-82.80 CMP 83.70 Stop Loss81.70 Target 83.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disc...
Stock Picks : Power Finance Corporation Ltd And National Alunminium Limited Ltd By ICICI Direct
Stock Picks : Power Finance Corporation Ltd And National Alunminium Limited Ltd By ICICI Direct
Source: ICICI Direct
3/01/2023 12:46:13 PM
Stock Picks : UltraTech Cement Ltd And Power Finance Corporation Ltd By ICICI Direct UltraTech Cement Ltd Buy UltraTech Cement Ltd @ 7065-7072 CMP 7107.20 Stop Loss 7029.00 Target 7132.00   Power Finance Corporation Ltd Buy Power Finance Corporation Ltd @ 135.50-136.00 CMP 136.50 Stop Loss 134.70 Target 137.40     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer...
Stock Picks : UltraTech Cement Ltd And Power Finance Corporation Ltd By ICICI Direct
Stock Picks : UltraTech Cement Ltd And Power Finance Corporation Ltd By ICICI Direct
Source: ICICI Direct Ltd
28/12/2022 11:16:24 AM
Loans of Rs 7.62 lakh cr provided to thermal power plants in India Loans amounting to Rs 7.62 lakh crore have been provided by 84 lenders, both national and international, to thermal power projects in India, with a capacity of 1,000 MW and above between 2005-2022, a new report said on Thursday. The report, The Coal Tail: Tracking Investments in Coal fired Thermal Power Plants in India, by the Centre for Financial Accountability comes at the heels of COP27, which concluded on November 20 in Sharm-El-Sheikh, Egypt, where India announced its Long-Term Low Em...
Loans of Rs 7.62 lakh cr provided to thermal power plants in India
Loans of Rs 7.62 lakh cr provided to thermal power plants in India
Source: IANS
15/12/2022 3:29:30 PM
Indian state-run power companies close to buying Lanco asset for $365 million Four Indian state-run power companies are close to buying a 1,980 megawatt stranded power plant from collapsed conglomerate Lanco Infratech for 30.2 billion Indian rupees ($364.84 million), outbidding Adani Group and Reliance Industries, three government sources said. The state companies - Power Finance Corp Ltd (PFC), REC Ltd SJVN Ltd and Damodar Valley Corp (DVC) - aim to acquire the coal-fired power plant of Lanco Amarkantak in Chhattisgarh in central India, the sources said. None of...
Indian state-run power companies close to buying Lanco asset for $365 million
Indian state-run power companies close to buying Lanco asset for $365 million
Source: Reuters
14/12/2022 9:47:01 AM
Stock Picks - Ambuja Cement Ltd And Power Finance Corporation Ltd By ICICI Direct Ambuja Cement Ltd Buy Ambuja Cement Ltd @ 589.00-591.00 CMP 587.75 Stop Loss 584.50 Target 595.30/600.80   Power Finance Corporation Ltd Buy Power Finance Corporation Ltd @ 145.00-145.50 CMP 144.55 Stop Loss 143.70 Target 146.60/148.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Regi...
Stock Picks - Ambuja Cement Ltd And Power Finance Corporation Ltd By ICICI Direct
Stock Picks - Ambuja Cement Ltd And Power Finance Corporation Ltd By ICICI Direct
Source: ICICI Direct Ltd
9/12/2022 11:02:19 AM
Buy Power Finance Corporation Ltd For Target Rs.191 - ICICI Securities Earnings buoyed by resolutions and dividend income; disbursements gain traction Power Finance Corporation’s (PFC) Q2FY23 earnings surpassed I-Sec estimates buoyed by provisioning release of Rs16bn on stress resolution and dividend income of Rs5.11bn. With resolution of South East UP Transmission (Rs22.6bn) and Jhabua Power (Rs7.6bn), stage-3 assets were down 90bps QoQ to 4.75%. Two more projects namely Ind Barath Energy (Utkal) (Rs13.7bn) and LANCO Amarkantak (Rs23.7bn) are in advanc...
Buy Power Finance Corporation Ltd For Target Rs.191 - ICICI Securities
Buy Power Finance Corporation Ltd For Target Rs.191 - ICICI Securities
Source: ICICI Securities Ltd
1/12/2022 2:26:32 PM
States` outstanding dues towards discoms fall to Rs 1,13,269 cr Recovery of outstanding dues of power generation and transmission companies from states have come down from Rs 1,37,949 crore in June to Rs 1,13,269 crore now. This has been possible due to the implementation of Electricity (LPS and Related Matters) Rules, 2022. Official sources said that the dues of states towards generation and transmission companies have come down with timely payment of just four EMIs. For payment of EMI of Rs 24,680 crore, five states have taken loan of Rs 16,812...
States` outstanding dues towards discoms fall to Rs 1,13,269 cr
States` outstanding dues towards discoms fall to Rs 1,13,269 cr
Source: IANS
30/11/2022 5:45:45 PM
Government launches scheme to procure 4,500 MW electricity The Power Ministry has launched a scheme for procurement of 4,500 MW of aggregate electricity for a period of five years. The provision of procurement of electricity would be conducted under the ministry's Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI) policy. "Ministry of Power kicks off a scheme for procurement of aggregate power of 4,500 MW on competitive basis for five years on finance, own and operate (FOO) basis under SHAKTI Policy,&quo...
Government launches scheme to procure 4,500 MW electricity
Government launches scheme to procure 4,500 MW electricity
Source: IANS
29/11/2022 10:21:03 AM
PFC trades higher on the BSE 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 scr...
PFC trades higher on the BSE
PFC trades higher on the BSE
Source: Accord Fintech
21/11/2022 11:46:03 AM
Government gets dividend tranches from Uranium Corp, Shipping Corp, KIOCL  The Central government has received Rs 197 crore, Rs 48 crore, and Rs 10 crore from Uranium Corporation of India Ltd, KIOCL and Shipping Corporation of India (SCI), respectively, as dividend tranches. This was tweeted by Tuhin Kanta Pandey, Secretary in the Department of Investment and Public Asset Management (DIPAM) on Tuesday. Earlier last week, the government had received about Rs 185 crore, Rs 29 crore, and Rs 40 crore from Power Finance Corporation (PFC), Engineers India Ltd....
Government gets dividend tranches from Uranium Corp, Shipping Corp, KIOCL
Government gets dividend tranches from Uranium Corp, Shipping Corp, KIOCL
Source: IANS
19/10/2022 9:22:43 AM
PFC raises Rs 3,000 cr via 47-month bonds at 7.13% Power Finance Corporation Ltd raised Rs 3,000 crore through bonds maturing in 47 months at a coupon rate of 7.13 per cent, market participants have said. The company had planned to raise Rs 3,000 crore, which included Rs 2,500 crore in greenshoe. The bidding for the bonds has taken place on electronic bidding platform of the National Stock Exchange of India. The bonds have been rated 'AAA' by CARE, CRISIL and ICRA.
PFC raises Rs 3,000 cr via 47-month bonds at 7.13%
PFC raises Rs 3,000 cr via 47-month bonds at 7.13%
Source: IANS
22/08/2022 3:59:35 PM
PFC gains as its JV planning to rope in technical investor partners through competitive bidding Power Finance Corporation is currently trading at Rs. 120.90, up by 0.75 points or 0.62% from its previous closing of Rs. 120.15 on the BSE. The scrip opened at Rs. 120.20 and has touched a high and low of Rs. 121.35 and Rs. 120.15 respectively. So far 19564 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 153.75 on 18-Oct-2021 and a 52 week low of Rs. 97.15 on 20-Jun-2022. Last one week high and low of the scri...
PFC gains as its JV planning to rope in technical investor partners through competitive bidding
PFC gains as its JV planning to rope in technical investor partners through competitive bidding
Source: Accord Fintech
17/08/2022 10:13:06 AM
Buy Power Finance Corp Ltd For Target Rs.120 - Religare Broking Religare Super Idea**     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Buy Power Finance Corp Ltd For Target Rs.120 - Religare Broking
Buy Power Finance Corp Ltd For Target Rs.120 - Religare Broking
Source: Religare Broking Ltd
26/07/2022 8:39:24 AM
PFC rises on inking loan pact for JPY 30 billion with Japan Bank for International Cooperation Power Finance Corporation is currently trading at Rs. 108.70, up by 1.05 points or 0.98% from its previous closing of Rs. 107.65 on the BSE. The scrip opened at Rs. 108.50 and has touched a high and low of Rs. 109.00 and Rs. 107.65 respectively. So far 27304 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 153.75 on 18-Oct-2021 and a 52 week low of Rs. 97.15 on 20-Jun-2022. Last one week high and low of the scri...
PFC rises on inking loan pact for JPY 30 billion with Japan Bank for International Cooperation
PFC rises on inking loan pact for JPY 30 billion with Japan Bank for International Cooperation
Source: Accord Fintech
8/07/2022 10:22:06 AM
Tangedco for separate power transmission lines for agriculture services The Tamil Nadu Generation and Distribution Company (Tangedco) is mulling to install separate power transmission lines for agriculture services across the state. The project to be implemented at a cost of Rs 2,000 crore under the Central government scheme and the Rural Electrification Corporation and Power Finance Corporation will be the nodal agencies to implement the scheme. However, sources in the Tangedco said that the funding would be released in a phased manner. It is mandatory th...
Tangedco for separate power transmission lines for agriculture services
Tangedco for separate power transmission lines for agriculture services
Source: IANS
11/06/2022 9:35:08 AM
Power Finance Corporation Q4 net profit up 12.16% at Rs 2609.45 cr The company reported standalone net profit of Rs 2,609.45 crore for the quarter ended March 31, 2022 as compared to Rs 2326.61 crore in the same period last year, registering a year-on-year growth of 12.16 per cent. Net revenue of the company rose marginally by 2.05 per cent at Rs 9,870.37 crore in January-March quarter of this fiscal as against Rs 9,672.29 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 2.45 per cent to Rs 1,099.4...
Power Finance Corporation Q4 net profit up 12.16% at Rs 2609.45 cr
Power Finance Corporation Q4 net profit up 12.16% at Rs 2609.45 cr
Source: Dion Global Solutions Ltd
26/05/2022 10:45:07 AM
Stock Picks - ABB India Ltd and Power Finance Corporation of India Ltd By ICICI Direct ABB India Ltd Buy ABB India Ltd @ 2269.60/2290.00 CMP 2269.40 Stop Loss 2227.80 Target 2269.60/2290.00     Power Finance Corporation of India Ltd Sell Power Finance Corporation of India Ltd @ 107.80-108.50 CMP 108.45 Stop Loss 109.30 Target 107.10/106.00   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Conte...
Stock Picks - ABB India Ltd and Power Finance Corporation of India Ltd By ICICI Direct
Stock Picks - ABB India Ltd and Power Finance Corporation of India Ltd By ICICI Direct
Source: ICICI Direct
12/05/2022 10:54:41 AM
Buy Power Finance Corporation Ltd For Target Rs.191 - ICICI Securities Stable stage-3 assets, improved coverage, pre-payments weigh on growth Power Finance Corp (PFC) has registered Q2FY22 PAT of Rs27.6bn (up 32% YoY and 21% QoQ). Earnings were buoyed by dividend income of Rs4.0bn and lower forex loss of Rs1.6bn vs Rs2.6bn QoQ while credit cost was flat at Rs4.56bn vs Rs4.60bn QoQ. Net interest income was up 5% YoY and flat QoQ due to cut in lending rates w.e.f. Apr’21. Stage-3 assets remained stable at Rs210.6bn (5.67% vs 5.72% QoQ) and a couple of pro...
Buy Power Finance Corporation Ltd For Target Rs.191 - ICICI Securities
Buy Power Finance Corporation Ltd For Target Rs.191 - ICICI Securities
Source: ICICI Securities Ltd
22/12/2021 10:26:20 AM
PFC, subsidiary REC sole institutions provided finances to coal projects  An analysis on Tuesday identified Power Finance Corporation (PFC), and its subsidiary Rural Electrification Corporation (REC), as the sole state-owned financial institutions that provided project financing to coal power projects in 2020. The fourth edition of Coal vs Renewable Financial Analysis 2020, authored by Climate Trends and Centre for Financial Accountability (CFA), found the State Bank of India (SBI) was the leading financier of renewable energy projects in 2020. The repo...
PFC, subsidiary REC sole institutions provided finances to coal projects
PFC, subsidiary REC sole institutions provided finances to coal projects
Source: IANS
14/12/2021 5:46:00 PM
PFC pays Rs 660 cr as second interim dividend to Centre, others The Power Finance Corporation on Friday paid Rs 369.57 crore to the Centre and Rs 290.45 crore to other shareholders, respectively, as part of its second interim dividend for FY22. The total dividend outgo stood at Rs 660.02 crore. "The second interim dividend of 25 per cent i.e. Rs. 2.50 per equity share of face value Rs 10 each was declared by the Board of Directors in its meeting held on November 11, 2021," it said. The corporation had paid Rs 594 crore as first interim ...
PFC pays Rs 660 cr as second interim dividend to Centre, others
PFC pays Rs 660 cr as second interim dividend to Centre, others
Source: IANS
11/12/2021 9:52:42 AM
Power Finance Corporation accorded 'Maharatna' status The state-owned Power Finance Corporation Ltd (PFC) was on Tuesday accorded the prestigious 'Maharatna' status, giving it greater operational and financial autonomy. An order to this effect was issued by the Department of Public Enterprises, under the Finance Ministry. Incorporated in 1986, the PFC is the largest infrastructure finance company, exclusively dedicated to power sector, and comes under the administrative control of the Power Ministry. The grant of 'Maharatna&...
Power Finance Corporation accorded 'Maharatna' status
Power Finance Corporation accorded 'Maharatna' status
Source: IANS
13/10/2021 8:53:03 AM
Government looks at having lender nominees on boards of stressed state discoms In order to facilitate turnaround of the operations of loss-making discoms and ensure financial discipline, the government wants power sector lenders Power Finance Corporation and the Rural Electrification Corporation to place their nominees in the boards of state utilities of concern. At a review meeting to gauge performance of the PFC and the REC, Union Power and New and Renewable Energy Minister R.K. Singh said that both organisations should establish presence of their nominees in the B...
Government looks at having lender nominees on boards of stressed state discoms
Government looks at having lender nominees on boards of stressed state discoms
Source: IANS
6/10/2021 1:42:06 PM
PFC issues India's first-ever Euro Green Bonds Power sector financier Power Finance Corporation Ltd has issued its maiden Euro 300 million 7 year Euro Bond issuance on September 13. The pricing of 1.841 per cent achieved is the lowest yield locked in by an Indian Issuer in the Euro markets. This is a milestone issuance for PFC and marks many first's for PFC. It is not only the first Euro bond issuance by PFC but also the first ever Euro denominated Green bond issuance from India. Moreover, it is the first ever Euro issuance b...
PFC issues India's first-ever Euro Green Bonds
PFC issues India's first-ever Euro Green Bonds
Source: IANS
16/09/2021 3:01:53 PM
Buy Power Finance Corporation Ltd : Healthy performance, asset quality improves - Emkay Global Buy Power Finance Corporation Ltd For Target Rs.220 Healthy performance, asset quality improves * PFC reported healthy trends in profitability, with PAT of Rs22.7bn (+33.8% yoy, -2.3% qoq), driven by improvement in margins (~381bps) and credit costs (~49bps vs. ~86bps last quarter). However, disbursements remained weak at Rs113.3bn (-45.4% yoy, -18.2% qoq), mainly due to weak demand across segments. * Asset-quality trends were encouraging, as out of the total Stage-3 assets of Rs211....
Buy Power Finance Corporation Ltd : Healthy performance, asset quality improves - Emkay Global
Buy Power Finance Corporation Ltd : Healthy performance, asset quality improves - Emkay Global
Source: Emkay Global Financial Services Ltd
24/08/2021 10:25:11 AM
Power Finance Corporation profit up 34% in Q1 FY22 State owned financier Power Finance Corporation (PFC) has reported robust growth in its profitability during April-June quarter with its standalone net profit jumping 34 per cent. The company's net profit in the Q1 period of FY22 stood at Rs 2,275 crore as compared to profit of 1,700 crore in the same period of previous year. During the quarter, the financier's Net Interest Income rose 15 per cent to Rs 3,525 crore as against Rs 3,073 crore in Q1'21. PFC declared Interim ...
Power Finance Corporation profit up 34% in Q1 FY22
Power Finance Corporation profit up 34% in Q1 FY22
Source: IANS
13/08/2021 9:21:51 AM
Power Finance Corporation surges on reporting above 5- fold jump in Q4 consolidated net profit Power Finance Corporation is currently trading at Rs. 132.10, up by 4.30 points or 3.36% from its previous closing of Rs. 127.80 on the BSE. The scrip opened at Rs. 129.30 and has touched a high and low of Rs. 132.85 and Rs. 128.50 respectively. So far 835651 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 140.50 on 12-Mar-2021 and a 52 week low of Rs. 78.90 on 16-Jul-2020. Last one week high and low of the scr...
Power Finance Corporation surges on reporting above 5- fold jump in Q4 consolidated net profit
Power Finance Corporation surges on reporting above 5- fold jump in Q4 consolidated net profit
Source: Accord Fintech
16/06/2021 11:43:23 AM
Buy Power Finance Corporation Ltd Target Rs. 123 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaime
Buy Power Finance Corporation Ltd Target Rs. 123 - Religare Broking
Buy Power Finance Corporation Ltd Target Rs. 123 - Religare Broking
Source: Religare Broking Ltd
21/05/2021 10:12:50 AM
Stock Picks - Apollo Hospitals Enterprise Ltd and Power Finance Corporation Ltd By ICICI Direct Apollo Hospitals Buy Apollo Hospitals Enterprise Ltd @ 3235.00-3242.00. CMP 3250.95 TGT 3288.00SL 3211.40   Power Finance Corporation Buy Power Finance Corporation Ltd @ 107.50-108.00. CMP 107.80 TGT  106.60 SL 109.00   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Views expres...
Stock Picks - Apollo Hospitals Enterprise Ltd and Power Finance Corporation Ltd By ICICI Direct
Stock Picks - Apollo Hospitals Enterprise Ltd and Power Finance Corporation Ltd By ICICI Direct
Source: ICICI Direct
30/04/2021 12:17:47 PM
Bhagalpur power sub-station to benefit 1.21 lakh people After Purnea, Power Finance Corporation (PFC) in association with South Bihar Power Distribution Company Ltd has commissioned a 2X10 MVA GIS Sub-station at Bihar's Bhagalpur town on Friday. The GIS sub-station is a part of Integrated Power Development Scheme (IPDS) of the Central government to celebrate 75 years of independence. SS Rao, senior GM of PFC said: "The GIS sub-station will benefit approximately 1.21 lakh people in Bhagalpur and surrounding regions. Moreover, it will...
Bhagalpur power sub-station to benefit 1.21 lakh people
Bhagalpur power sub-station to benefit 1.21 lakh people
Source: IANS
10/04/2021 9:25:48 AM