Power Finance Corporation rose 1.98% to Rs 247.55 at 15:20 IST on BSE after net profit rose 20.35% to Rs 1695.30 crore on 12.46% growth in total income to Rs 7024.09 crore in Q2 September 2015 over Q2 September 2014.
The result was announced during market hours today, 3 November 2015.
Meanwhile, the S&P BSE Sensex was up 15.06 points or 0.06% at 26,574.21.
On BSE, so far 3.12 lakh shares were traded in the counter as against average daily volume of 2.50 lakh shares in the past one quarter.
The stock was volatile. The stock rose as much as 3.91% at the day's high of Rs 252.25 so far during the day. The stock lost as much as 0.72% at the day's low of Rs 241 so far during the day. The stock had hit a 52-week high of Rs 315.90 on 1 December 2014. The stock had hit a 52-week low of Rs 185.40 on 25 August 2015.
The stock had outperformed the market over the past one month till 2 November 2015, surging 7.41% compared with Sensex's 1.29% rise. The scrip had also outperformed the market in past one quarter, sliding 1.26% as against Sensex's 5.53% fall.
More From This Section
The large-cap company has equity capital of Rs 1320.04 crore. Face value per share is Rs 10.
Government of India (GoI) held 67.8% stake in Power Finance Corporation (as per the shareholding pattern as on 30 September 2015).
Powered by Capital Market - Live News