Power Finance Corporation Ltd News

PFC launches third public NCD issue, eyes ₹5,000 crore fundraising

Power Finance Corporation (PFC) on Thursday launched its third public issue of secured, redeemable non-convertible debentures, with Chairperson and Managing Director Parminder Chopra calling the strong investor response to its earlier bond offerings a clear vote of confidence in the power sector. Chopra said the sector remains a fundamental pillar of India's growth and self-reliance, with PFC acting as the key financial enabler of the transition. The company plans to raise up to Rs 5,000 crore through the public NCD issue, which comes after nearly 30 months, with a base issue size of Rs 500 crore and a green-shoe option to accept oversubscriptions up to the full amount. The public NCD issue the company's third such offering and the first zero coupon public bond issue by a PSU in the current calendar year is set to open for subscription on January 16 and run through January 30. Chopra noted that previous issues were subscribed more than five times. This third issue reflects matur

PFC plans to raise up to ₹5,000 crore through public issue of NCDs

Power Finance Corporation plans to raise up to ₹5,000 crore via a public NCD issue, offering up to 7.30% returns and targeting retail investors

Here's why Power Finance Corporation shares were ruling higher on Jan 12

The northward movement in the state-owned NBFC share price came after the company announced that its board has considered and approved the public issue of NCDs of worth ₹500 crore

CPSE stocks in demand: BHEL, CIL, Nalco, NMDC surge up to 7%; here's why

At 01:37 PM; the BSE CPSE index was up 1.83 per cent, as compared to 0.58 per cent rise in the BSE Sensex on Friday.

After upto 29% dip in 8 Nifty PSE stocks in 2025, experts turn bullish on 2

Stocks to buy for 2026: Analysts believe that valuations are turning attractive for RECL and PFC along with a healthy dividend yield at play.

HUL, ONGC, Trent among 7 BSE 100 stocks technically oversold on charts

The Relative Strength Index (RSI) is a technical momentum indicator which helps in determining overbought and oversold stocks; in general, a reading below 30 is considered as oversold.

ACC, MGL, Trent, REC, PFC, Bata and 35 others from BSE 500 hit 52-week lows

In the past one month, the BSE 500 index has underperformed the market by falling nearly 1 per cent, as compared to 1.3 per cent rise in the BSE Sensex.

Dividend, bonus-issue alert! Keep an eye on these 3 stocks to reap benefits

HDFC AMC will attract attention as the company has announced a bonus issue for its shareholders, while PFC and Shyamkamal Investments have declared dividends for their eligible shareholders

Rate sensitive shares trade firm as RBI keeps repo rate unchanged; PSBs dip

RBI Policy Impact: At 10:34 AM; Nifty Auto, Nifty Realty, Nifty Financial Services and Nifty Bank indices were up nearly 1 per cent, as compared to 0.3 per cent rise in the Nifty 50.

Bernstein rejigs India portfolio; adds HDFC Bank, PB Fintech; exits Infosys

This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place

Power Finance Q1 results: Profit rises 24% at ₹6,866 cr, dividend declared

Power Finance Corporation's board of directors approved an interim dividend of ₹3.70 per share for FY26