Power Finance Corporation rises on reporting 71% rise in Q3 internet profit

Power Finance Corporation rises on reporting 71% rise in Q3 internet profit

by admin- Tuesday, February 12th, 2019 04:48:05 PM

Power Finance Corporation is currently buying and selling at Rs. A hundred.65, up via 0.90 points or 0.90% from its preceding last of Rs. 99.75 at the BSE.

The scrip opened at Rs. One hundred.Sixty five and has touched a high and low of Rs. One hundred and one.Fifty five and Rs. Ninety nine.Forty respectively. So a ways 224941 stocks had been traded on the counter.

The BSE group ‘A’ stock of face price Rs. 10 has touched a fifty two week excessive of Rs. 112.50 on 14-Feb-2018 and a 52 week low of Rs. Sixty seven.60 on 17-Jul-2018.

Last one week excessive and coffee of the scrip stood at Rs. 105.70 and Rs. 98.15 respectively. The contemporary marketplace cap of the corporation is Rs. 26414.01 crore.

The promoters conserving within the agency stood at sixty one.Forty eight%, whilst Institutions and Non-Institutions held 32.19% and 6.32% respectively.

Power Finance Corporation (PFC) has suggested a upward push of 70.Fifty eight% in its internet earnings at Rs 2,0.5.Eighty four crore for the area ended December 31, 2018 as compared to Rs 1,216.94 crore for the same quarter in the previous yr. Total profits of the business enterprise elevated by means of 17.87% at Rs 7,363.89 crore for Q3FY19 in comparison Rs 6,247.62 crore for the corresponding quarter previous yr.

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