Power Finance Corp share price is currently down by 8.45%, trading at Rs 428.85 compared to its last closing price. It has been fluctuating between Rs 466.85 and Rs 411.35 recently. The company has shown a positive trend, with a 22.46% increase this year and a 5.11% rise in the last 5 days.
In terms of valuation, Power Finance Corp has a TTM P/E ratio of 6.71, lower than the sector average of 18.40. Analysts seem optimistic, with 3 giving it a strong buy rating and another 3 giving it a buy rating. No analysts have rated the stock as a sell.
In its latest quarter, the company reported a net profit of 4,727.40 Crores.
Power Finance Corp Share Price Today
As of today, on February 10, 2024, Power Finance Corp’s share price is 429.50 INR, reflecting a decrease of 39.05 INR, which is equivalent to an 8.33% decline for the day.
Power Finance Corp Share Price Target Tomorrow
As of February 10, 2024, Power Finance Corporation Limited (PFC) is currently trading at 428.85. Looking ahead to tomorrow’s Intraday, the projected share price targets indicate a potential downside of 389.68 and an upside of 445.93.
Power Finance Corp Share Session Time
- Morning Block Deal Window (first session):
- Operational from 08:45 AM to 09:00 AM.
- Afternoon Block Deal Window (second session):
- Operational from 02:05 PM to 2:20 PM.
Power Finance Corp Share Price Competitors
Power Finance Corp’s major competitors include Bajaj Finance, which is up by 1.17%, and Cholamandalam Investment & Finance Company, down by 0.97%.
With a 55.99% promoter holding and 44.01% public holding, the company is well-balanced. Mutual fund holding increased to 5.32% in December 2023, and foreign institutional investors (FII) holding rose to 17.85% in the same period, indicating growing interest from both domestic and international investors
Power Finance Corp Share Price Target 2024
Indian stocks, including PFC, enjoyed a robust Bull run in 2023. Looking ahead to the first quarter of 2024, the market’s bullish momentum is expected to continue, with some initial consolidation.
According to technical data, PFC’s share price in 2024 is anticipated to range between ₹468.54 as the minimum target and ₹590.93 as the maximum target.
- January 2024: ₹468.54
- February 2024: ₹478.93
- March 2024: ₹468.42
- April 2024: ₹463.12
- May 2024: ₹464.4
- June 2024: ₹464.52
- July 2024: ₹590.96
- August 2024: ₹591.02
- September 2024: ₹590.99
- October 2024: ₹591.02
- November 2024: ₹590.97
- December 2024: ₹590.93
Power Finance Corp Share Price 2025 Prediction
The outlook for Power Finance Corporation Ltd’s share price in 2025 looks promising. The forecast suggests a target of ₹631.08 by January and a potential target of ₹625.72 by December 2025.
- January 2025: ₹631.08
- February 2025: ₹641.51
- March 2025: ₹630.98
- April 2025: ₹625.72
- May 2025: ₹625.71
- June 2025: ₹625.62
- July 2025: ₹625.53
- August 2025: ₹625.52
- September 2025: ₹625.55
- October 2025: ₹625.64
- November 2025: ₹625.66
- December 2025: ₹625.72
READ ALSO: Jio Financial Services share price 2024 Dynamic Stock Day and Positive Trends.
Power Finance Corp Share Stock Peers
- I R F C (Indian Railway Finance Corporation):
- Current Market Price: Rs. 153.70
- P/E Ratio: 33.26
- Market Capitalization: Rs. 200,862.94 Cr.
- Dividend Yield: 0.98%
- Quarterly Profit Variation: -1.79%
- Return on Capital Employed (ROCE): 5.32%
- Power Finance Corporation:
- Current Market Price: Rs. 428.85
- P/E Ratio: 7.52
- Market Capitalization: Rs. 141,524.86 Cr.
- Dividend Yield: 2.47%
- Quarterly Profit Variation: 22.46%
- REC Ltd (Rural Electrification Corporation Limited):
- Current Market Price: Rs. 482.40
- P/E Ratio: 9.67
- Market Capitalization: Rs. 127,026.73 Cr.
- Dividend Yield: 2.61%
- Quarterly Profit Variation: 13
- Indian Renewable:
- Current Market Price: Rs. 179.60
- P/E Ratio: 55.82
- Market Capitalization: Rs. 48,272.25 Cr.
- Dividend Yield: 0.00%
- Quarterly Profit Variation: 67.14%
- IFCI (Industrial Finance Corporation of India):
- Current Market Price: Rs. 62.00
- Quarterly Profit Variation: -80.16%
- Tourism Finance Corporation:
- Current Market Price: Rs. 205.05
- P/E Ratio: 21.45
- Market Capitalization: Rs. 1,853.09 Cr.
- Dividend Yield: 1.17%
- Quarterly Profit Variation: -4.82%
- Gujarat State Finance:
- Current Market Price: Rs. 31.02
- Quarterly Profit Variation: 6.14%
Median Values for 7 Companies:
- Median Market Price: Rs. 179.60
- Median P/E Ratio: 21.45
- Median Market Capitalization: Rs. 48,272.25 Cr.
- Median Dividend Yield: 0.98%
- Median Quarterly Profit Variation: 6.14%
- Median ROCE: 8.62%
Conclusion:
Power Finance Corp (PFC) faces an 8.45% stock dip, trading at Rs 428.85, amidst fluctuation. Despite a bullish trend this year and a 22.46% yearly increase, Intraday targets suggest volatility. PFC’s solid financials, low P/E ratio, and positive analyst outlook make it a key player. Watch for potential opportunities amid market dynamics.
