PFC is currently trading at Rs. 194.85, up by 4.60 points or 2.42% from its previous closing of Rs. 190.25 on the BSE.
The scrip opened at Rs. 191.60 and has touched a high and low of Rs. 195.10 and Rs. 187.50 respectively. So far 1, 44,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 227.00 on 08-Feb-2013 and a 52 week low of Rs. 139.00 on 16-May-2012.
Last one week high and low of the scrip stood at Rs. 194.00 and Rs. 183.90 respectively. The current market cap of the company is Rs. 25,720 crore.
The promoters holding in the company stood at 73.72% while Institutions and Non-Institutions held 19.82% and 6.46% respectively.
Power Finance Corporation (PFC) has inked a Memorandum of Understanding (MoU) with the Ministry of Power for the FY 2013-14. The key performance parameters under the MoU for the FY 2013-14 include sanction excluding R-APDRP of Rs 59,000 crore, disbursement excluding R-APDRP to the tune of Rs 47,000 crore, resource mobilization of Rs 44,000 crore and return on net worth of 14.49% under excellent category in addition to other sector-specific and enterprise-specific parameters.
The monitoring of performance versus MoU targets would be carried out quarterly during the Performance Review Meetings being held in the Ministry of Power. PFC has been a MoU signing Enterprise since 1993-94 and since then it has been consistently rated in the highest category of excellent (except FY 2004-05) for its performance against MoU targets.
PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.
| Company Name | CMP |
|---|---|
| Power Finance Corp | 447.80 |
| REC | 503.55 |
| Indian Railway Finance | 151.15 |
| Satin Creditcare | 151.75 |
| MAS Financial Serv | 273.50 |
| View more.. | |
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