Shares of Power Finance Corp are rising
Advertisement
Advertisement
Advertisement
PFC said its first quarter net profit rose 8.9 percent to 1,576 crore rupees compared with 1,448 crore rupees in the year ago quarter. Net Interest Income gained 20 percent to 2,470 crore rupees versus 2,053 crore rupees in the same quarter last year.
PFC rose 1.5 percent, or 3.55 rupees, to 243.15 rupees on the National Stock Exchange. The company's market capitalisation has fallen 8 percent to 32,150 crore rupees in the past one year. The stock trades at 1 time book value.
Image credit: Indiatimes
Advertisement
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore