The scrip opened at Rs 135.15 and touched an intraday high and low of Rs 135.8 and Rs 134.15, respectively, in the session so far. Shares of the company of Power Finance Corporation Ltd. quoted a 52-week high of Rs 153.75 and a 52-week low of Rs 101.6.
As per BSE, the total market cap of the Power Finance Corporation Ltd. stood at Rs 35548.7 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 19282.6 crore for the quarter ended 30-Sep-2021, up 1.63 per cent from previous quarter’s Rs 18973.93 crore and up 6.12 per cent from the year-ago quarter’s Rs 18171.41 crore.
The net profit for latest quarter stood at Rs 3748.22 crore, up 15.36 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, DIIs held 13.17 per cent stake in the company, while foreign institutional investors held 17.88 per cent and the promoters 55.99 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 2.73 and a price-to-book ratio of 0.49. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Power Finance Corporation Ltd. belongs to the Term Lending – Power industry.
