Dear Respected Readers, i am happy to announce that our past Recommendation like Redington india ltd ,NACL Ind Ltd,KEC ent ltd,Bright Brothers Ltd Already gave huge return to my followers or subscribers ,
here Grow Further again come up with our New Multibagger stock Recommendation and the stock name is ,POWER FINANCE CORPORATION LTD.
Company Name:-POWER FINANCE CORPORATION LTD.(PFC)
CMP:- 118 ₹
Market Cap:- 32,723Crore
BSE Code:- 532810
NSE Code:- PFC
About Company:-
Power Finance Corporation Ltd. (P. F. C.) is an Indian financial institution under the ownership of Ministry of Power, Government of India. Established in 1986, it is the financial backbone of Indian Power Sector. PFC's Net worth as on 30 September 2018 is INR 383 billion. PFC is the 8th highest profit making Central Public Sector Enterprise (CPSE) as per the Department of Public Enterprises Survey for FY 2017–18. PFC is India's largest NBFC and also India's largest infrastructure finance company. Government has raised status of PFC from ' Navratna' to 'Maharatna' company on 12 October 2021 More than 20 Subsidiaries and the stock has enough potential to become a future multi-bagger if the value of subsidiaries is unlocked.
After the purchase of the entire holding of the Govt. of India in Rural Electrification Corporation Limited(REC) in FY 2018-19, REC has now become a subsidiary of PFC.
FACE VALUE:- 10 ₹ and this is Maharatna company from 12oct 2021.
Subsidiary Details:-
so if the value of all the subsidiarys is unlocked just think what kind of boost we can see in this PSU sector stock....
Financial Data:-
Revenue Growth of Company.
Here we can see healthy revenue growth nos.
Profit & Loss data:-
From 2017 to 2019 you can see company has astronomical growth in profit and Then there are Deep (can consider corona pandemic effect)
Power Finance Corporation included in Nifty Financial Sector Index and Nifty Financial Sector Index P/E is 22.92 but PFC traded at 3.20 P/E which is near about 7 times lower than index P/E.That's Great to invest now in this hidden gem..
52 week High/Low ratio-
Power finance corporation Year high is 153.75rs while yearly low value is 104.10rs
So year High/low ratio is below 2 ,that's also positive note for this stock according ding to grow further.
Company book value is around 207rs and current market price is lower than book value so...it's also sign of undervalued stock.....
Dividend- In 2020 PFC gave 9.50rs dividend per share and in year 2021 they gave 14.75rs dividend ,so in dividend point of view this stock make a worth buy in our portfolio...
For more discuss and detail analysis you can view our YouTube video on this stock...
YouTube:-Grow Further
THANKS & REGARDS
SHIVAM LUHAREEYA.
Comments
Post a Comment