Established in 1986, Power Finance Corporation Limited (PFC) is an Indian Central Public Sector Undertaking owned by the Ministry of Power, Government of India. It makes its special contribution to the financial sector of the Indian power sector.
According to the information given in the survey of the Department of Public Enterprises for the financial year 2017-18, PFC has become the 8th highest profit making Central Public Sector Undertaking. Along with this it is also the largest NBFC in India.
The same Government of India has increased the status of PFC from ‘Navratna’ to ‘Maharatna’ PSU on 12 October 2021.PFC’s primary function is to finance power projects and at the same time promote the development of the power sector in India.
Over the years, PFC has provided financial assistance to several other power projects including thermal, hydro and renewable energy projects. Today, PFC has become a well-established financial institution with its strong and rapidly growing presence in the power sector in India.
Basics of Power Finance Corporation Limited
If we look at the basic principles of Power Finance Corporation, they are as follows :-Current Market Cap: The current market cap of Power Finance Corporation as on 1/08/2023 is ₹72,165 Cr.
P/E Ratio: Current Price-to-Earnings ratio of Power Finance Corporation is around 4.24
Revenue Growth: Revenue growth in last 1 year for Power Finance Corporation is around 3.38% Y/Y
Net profit margin: Net profit margin in the last 1 year was around 29.53% Y/Y.
Power Finance Corporation share price target 2023, 2024, 2025, 2026, 2030.
We here at financesharetargets. in is going to provide you the approximate information about stock forecast, price forecast and target for 2023, 2024, 2025, 2026 and 2030 please note one thing that this forecast, prediction or any target is given by our analysis only suggestion.
The forecast/prediction which will be correct is almost impossible. Errors always exist in any analysis, but we try our best to give you good price stock predictions/predictions.
Power Finance Corporation share price target 2023
If we look at the returns of the share price of Power Finance Corporation on NSE, it has given a return of about 14.08% to its investors in the current to last month,
while looking at the maximum returns of the company, the company has given a return of about 389.88% to its investors. The way the good performance of the company has been seen in the last several years and a significant increase in the revenue of the company can also be seen,
due to which it is being speculated that the share price of the company can increase even further. Due to which the first target for Power Finance Corporation share price target 2023 can be achieved at ₹ 275 and the second target at ₹ 300.
Power Finance Corporation share price target 2024
The first target for the share price of Power Finance Corporation for the year 2024 is ₹ 320 and the second target is ₹ 350.
Power Finance Corporation Share Price Target 2025
The first target for the share price of Power Finance Corporation for the year 2025 is ₹ 370 and the second target is ₹ 400.
Power Finance Corporation Share Price Target 2026
The first target for the share price of Power Finance Corporation for the year 2026 is ₹ 420 and the second target is ₹ 450.
Power Finance Corporation Share Price Target 2030
By the year 2030, the first target for the share price of Power Finance Corporation can be ₹ 720 and the second target can be at ₹ 750.