Sell Power Finance Corporation, target Rs 98.50: Manas Jaiswal

Sell Power Finance Corporation Ltd. at a price target of Rs 98.5 and a stop loss at Rs 104.6 from entry point.

Manas Jaiswal of manasjaiswal.com has a sell call on Power Finance Corporation with a target price of Rs 98.50.

The current market price of Power Finance Corporation is Rs 101.60.

Time period given by the analyst is 'Intra Day' when Power Finance Corporation price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 104.60.

Power Finance Corporation, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 27,047.63 Crore) operating in Finance sector.

The company’s top management includes Dr.Arun Kumar Verma, Mr.Chinmoy Gangopadhyay, Mr.D Ravi, Mr.Naveen Bhushan Gupta, Mr.Rajeev Sharma, Mr.Sitaram Pareek, Mrs.Gauri Chowdhuri.
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Company has M K Aggarwal & Co. as its auditors.

As on 31-12-2017, the company has a total of 2,640,081,408 shares outstanding.
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