Time period given by analyst is Intra Day when PTC India Ltd. price can reach defined target.
PTC India Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 3711.94 Crore) operating in Power sector.
PTC India Ltd. key Products/Revenue Segments include Electricity, Other Operating Revenue, Sale of services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 4959.99 Crore, up 26.34 % from last quarter Total Income of Rs 3925.99 Crore and up 6.87 % from last year same quarter Total Income of Rs 4641.28 Crore. Company reported net profit after tax of Rs 136.12 Crore in latest quarter.
Investment Rationale
After a few days of consolidation, the stock regained momentum on upside. Sustenance could continue on-going up move till 145 zone.
Promoter/FII Holdings
Promoters held 16.2 per cent stake in the company as of June 30, 2021, while FIIs held 34.3 per cent, DIIs 10.1 per cent and public and others 39.4 per cent.
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