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Power Finance Corporation Ltd (PWFC.NS)

PWFC.NS on National Stock Exchange of India

107.30INR
18 Jan 2019
Change (% chg)

Rs0.30 (+0.28%)
Prev Close
Rs107.00
Open
Rs107.65
Day's High
Rs107.75
Day's Low
Rs105.00
Volume
6,625,811
Avg. Vol
13,015,920
52-wk High
Rs123.10
52-wk Low
Rs67.50

Latest Key Developments (Source: Significant Developments)

India Considers Merging Two State-Run Lenders To Utilities, REC Ltd And Power Finance - Bloomberg
Wednesday, 28 Nov 2018 

Nov 27 (Reuters) - :INDIA CONSIDERS A PROPOSAL TO COMBINE TWO STATE-RUN LENDERS TO UTILITIES, REC LTD. AND POWER FINANCE CORP - BLOOMBERG, CITING SOURCES.FIRST PHASE OF THE DEAL WILL SEE REC ACQUIRING MAJORITY STAKE IN POWER FINANCE VALUED AT $2.5 BILLION POSSIBLY BY YEAR ENDING MARCH 2019- BLOOMBERG.  Full Article

India Plans Raising $2.8 Bln by Merging Power Firms - Bloomberg
Monday, 24 Sep 2018 

Sept 24 (Reuters) - :INDIA PLANS RAISING $2.8 BILLION BY MERGING POWER FIRMS; GOVERNMENT MAY SELL ITS STAKE IN SJVN AND POWER FINANCE - BLOOMBERG, CITING SOURCES.  Full Article

India's Power Finance Corporation June-Qtr Profit Rises
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Power Finance Corporation Ltd ::JUNE QUARTER PROFIT 13.73 BILLION RUPEES VERSUS 11.22 BILLION RUPEES.JUNE QUARTER TOTAL REVENUE FROM OPERATIONS 70.28 BILLION RUPEES VERSUS 67.29 BILLION RUPEES.  Full Article

India's Power Finance Corp Sept qtr profit from cont ops up marginally
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Power Finance Corporation Ltd :Sept quarter net profit from continuing operations 18.87 billion rupees.Consensus forecast for sept quarter net profit was 18.64 billion rupees.Sept quarter total income 71.09 billion rupees.Declared interim dividend of 6 rupees per share.Profit from continuing operations in sept quarter last year was 18.73 billion rupees; total income was 70 billion rupees.  Full Article

Power Finance Corp Dec qtr profit up about 23 pct
Monday, 13 Feb 2017 

Power Finance Corporation Ltd : Dec quarter net profit 19.50 billion rupees . Dec quarter total income from operations 70.10 billion rupees . Consensus forecast for dec quarter net profit was 19.31 billion rupees .Net profit in dec quarter last year was 15.82 billion rupees; total income from operations was 69.91 billion rupees.  Full Article

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Modi's pre-election handouts to cost India billions, breach fiscal targets - sources

NEW DELHI A series of vote-catching measures planned by Indian Prime Minister Narendra Modi as he braces for a difficult general election may cost more than 1 trillion rupees ($14 billion), two sources with direct knowledge of the matter said.