NEW DELHI: Shares of Power Finance Corporation Ltd. traded 0.3 per cent up in Wednesday's trade at 12:09PM (IST). Around 96,849 shares changed hands on the counter.
The counter opened at Rs 116.1 and touched an intraday high and low of Rs 118.2 and Rs 116.1, 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 30783.35 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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 corresponding quarter last year.
As of 31-Mar-2021, DIIs 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 price-to-earnings multiple of 3.31 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.
The counter opened at Rs 116.1 and touched an intraday high and low of Rs 118.2 and Rs 116.1, 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 30783.35 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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 corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, DIIs 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 price-to-earnings multiple of 3.31 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.
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