Power Finance Corporation Limited’s shares jumped 3.56% today to ₹469.50 per share, adding ₹5,323 crore to its market capitalization. The company now boasts a total market cap of ₹1,54,840.77 crore.
Key Highlights:
- Opening Price: The stock opened at ₹458.50 and touched an intraday high of ₹471.80.
- Trading Volume: A significant 63.09 lakh shares were traded, amounting to a trading value of ₹294.70 crore.
- 52-Week Performance: The stock is recovering steadily from its 52-week low of ₹309.55 and aims to test its 52-week high of ₹580.00.
Sector Outlook:
The rise in Power Finance Corporation’s shares reflects growing investor confidence in financial institutions tied to infrastructure and energy projects. The company’s robust fundamentals and positive market sentiment have supported its steady growth trajectory.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
