Power Finance Corporation (PFC) closed at Rs 108.45 a share, up 3.24 per cent after a block deal of 37.44 lakh shares was struck on the counter on the Bombay Stock Exchange at Rs 108.25 a share, constituting around 0.32 per cent of the company’s equity capital. A total of 39.67 lakh shares changed hands on the BSE today.
Its share touched a high of Rs 110.5 and a low of Rs 106. PFC provides fund-based services such as term loans, equipment leasing, bill discounting, LoC. It also provides non-fund based services such as guarantees, consultancy to the power sector.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app