Power Finance Corp. share price: Power Finance Corp. share price falls as Sensex gains 357.97 points

The share price of Power Finance Corporation Ltd. fell 0.18 percent to Rs 138.05 as of 01:01 PM (IST) in Wednesday trading. The stock hit a high of Rs 140.75 and a low of Rs 137.95 so far during the session. The stock had closed at Rs 138.3 in the previous session.

The counter had a total volume traded of shares from 01:01 PM till now with a turnover of Rs 5.35 crore in EEB. The stock was trading at a price-earnings multiple of 2.9 and a price-to-book ratio of 0.49.

A higher price-to-earnings ratio shows that investors are willing to pay a higher price for the earnings per rupee of stocks due to better expectations for future growth.

The book value indicates the inherent value of a company and is the measure of the price that investors are willing to pay even if there is no growth in the business.

Power Finance Corporation Ltd. belongs to the Term Lending – Power industry.

Promoter / Holding FII

The promoters had a 55.99 percent stake in the company as of June 30, 2021, while ownership by foreign investors and domestic institutional investors stood at 17.35 percent and 19.38 percent. , respectively.

Key finances

The company reported consolidated sales of Rs 18,173.93 crore for the quarter ended June 30, 2021, 4.51% higher than Rs 18,155.14 crore and 12.06% higher than the previous quarter. Rs 16,932.24 crore from the prior year quarter.

Its profit for the last quarter stood at 3,480.43 crore, 29.71 percent more than in the same quarter of the previous year.


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