The scrip had closed at Rs 109.1 in the previous session. The stock quoted a 52-week low of Rs 74.2 and a high of Rs 140.5. The company quoted a market-cap of Rs 27760.46 crore on the BSE.
On BSE, 93,162 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 2.99 times its trailing 12-month EPS of Rs 35.21 per share and 0.49 times its book value. The return on equity (ROE) stood at Rs 14.41.
Key Financials
For the quarter ended 31-Dec-2020, Power Finance Corporation Ltd. reported consolidated sales of Rs 18441.72 crore, up 16.15 per cent from the same quarter a year ago. The company reported 11.41 per cent YoY growth in net profit at Rs 2893.7 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
