Motilal Oswal Recommends Large Cap Maharatna Power Stock, Target Price 163
Motilal Oswal has suggested investors to buy large cap stock operating in Power Sector, Power Finance Corporation Ltd with a target price of Rs 163.
Current market price of the stock, incorporated in 1986, is Rs 156.85 with intraday gain of 1 .10%.
The analyst has suggested to keep the stop loss at Rs 151 apiece with Feb 24 as the record date.
The market capitalisation of Rs 41,422.89 crore.
2. Power Finance Corporation Return
The consolidated total income of Rs 19344.39 crore. The company its last quarter last.
3. Power Finance Corporation About
Power Finance Corporation Ltd. is a Schedule- A Maharatna CPSE is a leading Non- Banking Financial Corporation in the Country.
PFC's registered office is located at New Delhi and regional offices are located at Mumbai and Chennai.
PFC is under the administrative control of the Ministry of Power.
PFC was conferred the title of a ' Maharatna CPSE' in Oct., 2021, and was classified as an Infrastructure Finance Company by the RBI on 28th July, 2010, according to its official website.
The stock has been picked from the brokerage report of Motilal Oswal.
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By Renu Baliyan Goodreturns source: Dailyhunt