The counter opened at Rs 105.5 and touched an intraday high and low of Rs 108.25 and Rs 105.5, respectively, in the session so far. The stock of Power Finance Corporation Ltd. quoted a 52-week high of Rs 140.5 and a 52-week low of Rs 74.2.
As per BSE, the total market cap of the Power Finance Corporation Ltd. stood at Rs 28473.28 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 18441.72 crore for the quarter ended 31-Dec-2020, up 1.49 per cent from previous quarter’s Rs 18171.41 crore and up 16.15 per cent from the year-ago quarter’s Rs 15878.04 crore.
The net profit for latest quarter stood at Rs 2893.7 crore, up 11.41 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 13.36 per cent stake in the company, while foreign institutional investors held 17.32 per cent and the promoters 55.99 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 3.06 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.
