Power Finance Corporation Ltd., incorporated in 1986, is a large capitalization company (having a market capitalization of Rs 27984.86 Crore) operating in the term lending institution sector.
The main products/revenue segments of Power Finance Corporation Ltd. include interest, dividend, fee and commission income for the year ending March 31, 2021.
finance
For the quarter ended 31-12-2021, the company reported Consolidated Total Revenue of Rs 19,215.00 Crore, down -0.35% from last quarter Total Revenue of Rs 19,282.60 Crore and up by 4.19% compared to the same quarter of last year Total revenue of Rs 18441.72 Crore. The company reported a net profit after tax of Rs 4893.91 Crore last quarter.
Investment rationale
The breakdown below the bear flag looks like a formation, as the price faces resistance at the 50-day EMA.
Promoter/Fii Holdings
The promoters held 55.99% of the company’s capital as of December 31, 2021, while the FIIs held 16.71% and the DIIs 13.56%.
(Disclaimer: The recommendations given in this section or any report attached hereto are written by an external party. The views expressed are those of the respective authors/entities. These do not represent the views of Economic Times (ET). AND does not warrant or endorse any of its content and hereby disclaims all warranties, express or implied, in connection therewith Please consult your financial adviser and seek independent advice.
