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PFC PROFIT GROWTH
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
Stocks in news: Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFCMarkets closed lower amid geopolitical tensions, rupee weakness, and rising inflation. Upcoming week will be sensitive to US-Iran conflict ...
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
PFC Q4 Results: Profit rises 24% to Rs 6,325 crore as interest income growsPower Finance Corp reported a strong rise in fourth-quarter and full-year earnings for FY26, supported by higher interest income, improved ...
Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as the...
Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon TechnologiesMarkets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150....
PFC Q1 Results: Cons PAT zooms 25% YoY to Rs 8,981 crore, revenue rises by 15%; dividend declaredPower Finance Corporation reported a 25% YoY rise in Q1 FY26 net profit to ₹8,981 crore, with revenue up 15.5%. It also announced a ₹3.70 i...
Power Finance Corporation Q4 Results: Cons PAT jumps 11% to Rs 8,358 crore, NII surges 38%; dividend declaredPower Finance Corporation Q4 results: Power Finance Corporation reported an 11% YoY rise in Q4FY25 profit at ₹8,358 crore, with net interes...
PFC Q3 Results: Cons PAT jumps 23% YoY to Rs 5,829 crore; Rs 3.5/share dividend announcedPFC Q3 Results: Total revenue from operations in Q3FY25 reached Rs 26,798 crore, marking a 14% rise from Rs 23,571 crore in the same quarte...
PFC, REC shares rally up to 3% after Emkay initiates coverage with up to 31% upsideShares of REC Ltd and PFC surged 2.8% after Emkay Global initiated coverage with a BUY rating, citing sustained loan growth, stable margins...
PFC shares jump 7% post Q2 results; Brokerages maintain bullish outlookPFC Share Price: Power Finance Corporation shares rose 9% after reporting a 9% increase in Q2 profit, driven by higher revenues and loan gr...
PFC, REC shares up 3% after UBS initiates coverage on the 2 PSU stocksShares of state-owned PFC and REC rose by 2% and 3% as UBS initiated coverage on them. UBS sees potential growth driven by financing renewa...
PFC shares soar 6% after net profit rises 20% YoY. Should you invest?PFC shares rose 6% to Rs 501.65 on BSE after posting a 20% increase in Q1 FY25 net profit to Rs 7,182 crore. Total income grew to Rs 24,736...
PFC offers a high margin of safety, analysts see up to 68% upsideAnalysts see a high margin of safety on the stock, and project up to 68 per cent potential upside in the stock with price targets going up ...
PFC completes REC acquisition, hopeful of merger in 2019-20The transaction assumed significance because it helped the government meet its disinvestment target of Rs 80,000 crore for the current fina...
Stock pick of the week: Why analysts are upbeat about Power Finance CorporationThe recovery in the power sector and the resultant robust business growth during the first quarter was another reason for PFC’s improved pe...
Power-financing companies: Reforms, tariff hikes to fire up stocksWith the announcement of power sector reforms and tariff hikes by SEBs, power-financing stocks may see a higher investor interest in the ne...
- Core sector lending: Faltering infrastructure growth takes a toll on lenders
Slowdown in new orders, delays in project execution and high cost of borrowing, which have severely impacted the profitability of infrastru...
PFC powering India’s capacity addition drive: ChairmanPFC chairman and managing director Satnam Singh talks about the company’s preparedness to meet the ambitious goals set for the sector in an...
- PFC files for IPO, to sell 5% govt stake
Power Finance Corporation (PFC) filed a draft red herring prospectus with Sebi on Monday for its proposed initial public offering (IPO) and...