Buy PTC India Financial Services, target Rs 57.0 : Kunal Bothra

Independent analyst Kunal Bothra has a buy call on PTC India Financial Services with a target price of Rs 57.0 .The current market price of PTC India Financial Services Ltd. is Rs 49.15 Time period given by analyst is Intra Day when PTC India Financial Services Ltd. price can reach defined target. Kunal Bothra recommended to keep stop loss at Rs 45.0 .

PTC India Financial Services Ltd., incorporated in the year 2006, is a midcap company (with a market cap of ₹ 3099.02 crore) operating in Finance sector.

PTC India Financial Services Ltd. key Products/Revenue Segments include Interest which contributed ₹ 923.27 Cr to Sales Value (77.78 % of Total Sales), Income From Sale Of Share & Securities which contributed ₹ 206.95 Cr to Sales Value (17.43 % of Total Sales), Fees & Other Charges which contributed ₹ 49.99 Cr to Sales Value (4.21 % of Total Sales), Power which contributed ₹ 3.82 Cr to Sales Value (0.32 % of Total Sales) and Dividend which contributed ₹ 2.88 Cr to Sales Value (0.24 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 293.38 Cr., down -7.05% from last quarter Sales of ₹ 315.64 Cr. and up 25.71% from last year same quarter Sales of ₹ 233.38 Cr. Company has reported net profit after tax of ₹ 83.22 Cr. in latest quarter. The company’s CEO is Dr.Ashok Haldia. It's Board of Directors include Dr.Ashok Haldia, Dr.Pawan Singh, Mr.Ajit Kumar, Mr.Arun Kumar, Mr.Deepak Amitabh, Mr.Harbans Lal Bajaj, Mr.Kulmani Biswal, Mr.Ved Kumar Jain, Mr.Vishal Goyal, Mrs.Pravin Tripathi, Mr.Vishal Goyal. Company has its registered office at 2nd Floor, , NBCC Tower,, 15 Bhikaji Cama Place, New Delhi, 110066, Delhi. Company has Deloitte Haskins & Sells as its auditors. As on 31-03-2017, the company has a total of 642,283,335 shares outstanding.