Fri, Nov 22, 2024
In the last 12 months, PFC has distributed dividends totalling Rs 16.75 per share, translating to a dividend yield of 3.68 per cent at its current share price of Rs 455.40, according to Trendlyne data.
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Wed, Nov 13, 2024
The board of PFC has decided not to sanction loans to Shapoorji Pallonji Group as it does not favour takeing "high-end exposure", PFC CMD Parminder Chopra said.
Fri, Nov 08, 2024
The company logged a profit of Rs 6,628.17 crore in the same period of FY24, according to a BSE filing. Total income rose to Rs 25,754.73 crore from Rs 22,387.32 crore a year ago.
Thu, May 16, 2024
Power Finance Corporation Share Price, Power Finance Corporation Dividend: According to Zee Business Managing Editor Anil Singhvi, the PSU has very attractive valuations and therefore the stock still has upside potential.
Thu, Feb 08, 2024
The company's consolidated net profit was Rs 5,241.10 crore in the quarter ended on December 31, 2022, according to a BSE filing.
Tue, Feb 06, 2024
PFC had not maintained the prescribed Liquidity Coverage Ratio (LCR) of 60 per cent as of March 31, 2022, as a result of the inclusion of ineligible assets as High-Quality Liquid Assets (HQLA) for the computation of the LCR, Reserve Bank said.
Tue, Jan 09, 2024
The entity at the International Financial Services Centre (IFSC) will present new business opportunities for PFC and contribute to the growth of the country's power sector, PFC Chairman and Managing Director Parminder Chopra said in a statement.
Mon, Oct 16, 2023
Corporate Radar: Plan to do many reforms in Power Sector ready for the festival... Company is also increasing its focus on Infra Sector: Parminder Chopra, CMD, PFC
Wed, Sep 13, 2023
State-owned Power Finance Corporation (PFC) has received shareholders' approval to issue bonus shares by capitalising up to Rs 660.02 crore in its securities premium account.
Fri, Jul 21, 2023
PFC is looking to fund projects like offshore wind, pumped hydro storage, solar modules and cells, among others in the clean energy space, the company said in a statement issued from Goa at a G20 function.
Tue, Oct 25, 2022
Stocks to buy: SBI Life | SBI Life is a fast-growing private sector insurance company in India. It is expected to maintain the momentum shown in the last few quarters where it delivered good growth in its APE business and VNB margin also increased
Thu, Sep 08, 2022
Stocks to Buy: Power Finance Corporation (PFC) – He said that power lenders are in a good space and after the rerating of REC shares, it is now the turn of PFC. He said that the PFC stock will hit levels of Rs 125. The stock was recommended at levels around Rs 117. He puts the stop loss at Rs 113
Tue, Jun 21, 2022
Stocks to Buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Tuesday spoke to Zee Business Managing Director and Market Guru Anil Singhvi in the popular TV show ‘Bhasin Ke Hasin Share', in which, he picked three stocks for investors that can yield high returns.
Sat, Mar 12, 2022
This is in addition to Rs 333 crore and Rs 370 crore paid as first and second interim dividend, respectively, earlier, Power Finance Corporation (PFC) said in a statement.
Wed, Jan 19, 2022
State-owned non-banking financial companies, Power Finance Corporation and REC Limited have further reduced their lending rates across all types of loans by 40 bps
Mon, Jan 10, 2022
Zee Business Managing Editor & Market Guru Anil Singhvi spoke to Vijay Chopra, MD & CEO of Enoch Ventures about which stock to invest in before budget and more in a show 'Budget: My Pick'.
Tue, Jan 04, 2022
In 'Bhasin Ke Hasin Shares', Zee Business Managing Editor Anil Singhvi spoke to Sanjiv Bhasin, Director of IIFL Securities Ltd, where he picked two power stocks for high returns.
Thu, Jul 29, 2021
Government intends to install at least 10 cr smart meters by 2023 in Phase-1. Citing her sources, she said that the Government is preparing to invite Expression of Interests (EoIs) with regards to the same
Fri, Mar 12, 2021
Week ended on a negative note with Nifty falling by almost 143 points on Friday. In a chat with Zee Business Managing Editor Anil Singhvi, Analyst Vikas Sethi said that despite the fall there is no change in the trends. This is an opportunity for fresh buying. He recommended two stocks today in a popular TV show ‘Sadabahaar Sethi Saab’
Thu, Aug 20, 2020
Stocks To Buy And Sell: On live TV today, expert Sanjiv Bhasin, in a chat with Zee Business Managing Editor Anil SInghvi today, said that he was bullish on the mid cap stocks while being bearish on the overall index stocks. He opined that if the dollar strengthens from here, there could be correction of 300-400 points and the Nifty could see levels between 10,900 and 11,000
Sat, Jun 27, 2020
State-owned financier Power Finance Corporation (PFC) has ended financial year 2019-20 (April-March) on a strong note despite numerous challenges including outbreak of COVID 19.
Wed, Mar 27, 2019
The ratings of the two companies were put under review on December 13, 2018, following the announcement that PFC will acquire the government's stake in REC.
Sun, Feb 24, 2019
The REC, which has been raising funds from the foreign and domestic markets, has given an undertaking to the lenders that it would continue to be a PSU with at least 51 per cent government stake, an official told PTI.
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