PTINEW DELHI: Shares of Power Finance Corporation Ltd. traded 0.28 per cent down in Tuesday's trade at 01:16PM (IST). Around 134,460 shares changed hands on the counter.
The stock opened at Rs 123.0 and touched an intraday high and low of Rs 124.05 and Rs 122.5, 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 78.9.
As per BSE, the total market cap of the Power Finance Corporation Ltd. stood at Rs 32393.8 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 18155.14 crore for the quarter ended 31-Mar-2021, down 1.55 per cent from previous quarter's Rs 18441.72 crore and down 11.69 per cent from the year-ago quarter's Rs 16254.65 crore.
The net profit for latest quarter stood at Rs 2921.87 crore, up 522.73 per cent from the same quarter a year ago.
As of 31-Mar-2021, DIIs held 13.36 per cent stake in the firm, 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 2.76 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 stock opened at Rs 123.0 and touched an intraday high and low of Rs 124.05 and Rs 122.5, 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 78.9.
As per BSE, the total market cap of the Power Finance Corporation Ltd. stood at Rs 32393.8 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 18155.14 crore for the quarter ended 31-Mar-2021, down 1.55 per cent from previous quarter's Rs 18441.72 crore and down 11.69 per cent from the year-ago quarter's Rs 16254.65 crore.
The net profit for latest quarter stood at Rs 2921.87 crore, up 522.73 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, DIIs held 13.36 per cent stake in the firm, 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 2.76 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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