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HomeSHARE MARKET280% Return From Its 52-week Low; High Dividend Government Share; Sell Or...

280% Return From Its 52-week Low; High Dividend Government Share; Sell Or Buy?

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Non-Banking Financial Company (NBFC) Power Finance Corp (PFC) (NSE: PFC) is regarded as the backbone of India’s financial electricity sector.

This stock is known for its high dividend yield. Its dividend yield is 2.75%.

Power Finance Corp goes ex-dividend stock ahead of its reward of 35% interim dividend payment. 

Shares of Power Finance Corporation Ltd was trading at the level of Rs 411.85 after a fall of 3.34 at the time of closing on Wednesday.

Power Finance Corp PFC share is likely to gain 33% on the back of stable growth visibility, stable margins, and continued strong asset resolution.

Despite the latest fall, PFC is a multi-bagger with gains of 280.40% from its 52-week low of Rs 112. The stock’s 52-week high is Rs 477.80.

PFC has announced another interim dividend of 35% of 3.50 for each equity share (subject to the deduction from TDS) in equity share having a face value of per share, for the financial period 2023-24.

The company has fixed February 20 as the record date for ensuring the eligibility of shareholders for payment of the second interim dividend for FY 2023-24, while PFC plans to pay this dividend on or before March 9, 2024.

Due to QoQ growth reduced by 12%. NIM at 3.4% was slightly higher (5bps QoQ) due to a modest increase in yields along with the transfer of funding to borrowers at higher rates.

The market cap of this company is 1.39LCr and it has given a return of 252 percent to investors in the last year. 

In the last five years, this stock has proved to be a multi-bagger for investors and has given returns of up to 376 percent to its investors.

About Power Finance Corporation  

Power Finance Corporation Limited is an Indian non-banking finance company. The company’s primary activity is to provide financial assistance in the power sector.

Fund-based products include project-term loans, leasing financing of equipment purchases, as well as short- or mid-term loans to manufacturers. Grants or interest-free loans are available for studies and consultancies.

Corporate loans, line-of-credit for coal import, debt refinancing as well as credit facilities for purchasing power via power exchange.

The non-fund products of the company include a letter of comfort, a guarantee for the performance of contracts or obligations concerning fuel supply agreements (FSA), as well as a policy of a credit enhancement guarantee.

The company provides financial, regulatory, and capacity-building advisory services. The subsidiaries are REC Limited and PFC Consulting Limited.

Fundamental Analysis of Power Finance Corporation Ltd

Market Cap₹ 1,36,112 Cr.
Current Price₹ 411.85
52-wk High₹ 478
52-wk Low112
Stock P/E7.23
Book Value₹ 283
Dividend2.57 %
ROCE9.08 %
ROE20.4 %
Face Value₹ 10.0
P/B Value1.46
OPM100 %
EPS₹ 57.0
Debt₹ 8,14,065 Cr.
Debt to Equity8.73

Power Finance Corporation Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹475₹531
2025₹535₹584
2026₹590₹600
2027₹612₹625
2028₹628₹634
2029₹640₹645
2030₹648₹661
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Power Finance Corporation Ltd Shareholding Pattern

Promoters Holding
Dec 202255.99%
Mar 202355.99%
June 202355.99%
Sept 202355.99%
Dec 202355.99%
FII Holding
Dec 202216.85%
Mar 202316.49%
June 202317.49%
Sept 202316.85%
Dec 202317.85%
DII Holding
Dec 202217.87%
Mar 202318.63%
June 202318.10%
Sept 202317.86%
Dec 202317.47%
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Public Holding
Dec 20229.26%
Mar 20238.89%
June 20238.42%
Sept 20239.29%
Dec 20238.66%

Power Finance Corporation Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 54,106 Cr
2020₹ 71,656 Cr
2021₹ 71,656 Cr
2022₹ 76,262 Cr
2023₹ 87,016 Cr

Last 5 Years’ Net Profit:

2019₹ 12,640 Cr
2020₹ 15,716 Cr
2021₹ 15,716 Cr
2022₹ 18,768 Cr
2023₹ 25,033 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

201911.45
202012.08
202110.86
20229.21
20238.93

Last 10 Years’ Profit Growth:

10 Years:14%
5 Years:19%
3 Years:31%
Current Year:30%

Last 10 years’ Return on Equity (ROE):

10 Years:19%
5 Years:20%
3 Years:21%
Last Year:20%

Sales Growth Over 10 Years:

10 Years:16%
5 Years:10%
3 Years:8%
Current Year:14%

Conclusion

This article is a complete guide about Power Finance Corporation Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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