The counter has had a total traded volume of 1021227 shares so far with a value of Rs 13.07 crore on the NSE. It traded at a price-to-earnings multiple of 2.89 and a price-to-book ratio of 0.49.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 34.83 per cent during the past one year, while the 30-share index advanced 45.51 per cent during the same period.
Power Finance Corporation Ltd. belongs to the Term Lending – Power industry.
Promotor/FII Holding
Promoters held 55.99 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 17.35 per cent and 13.19 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 18155.14 crore for the quarter ended 31-Mar-2021, down 1.55 per cent from the previous quarter’s Rs 18441.72 crore and down 11.69 per cent from the year-ago quarter’s Rs 16254.65 crore.
Profit for the latest quarter stood at Rs 2921.87 crore, up 522.73 per cent from the same quarter a year ago.
