Power Finance Corporation Ltd (PFC) is a leading financial institution in India, established in 1986. It focuses on providing financial support to the power sector, helping to fund projects related to generation, transmission, and distribution of electricity. PFC plays a crucial role in promoting the development of power infrastructure in India. Power Finance Corporation Share Price on NSE as of 18 October 2024 is 472.85 INR. Here will provide you more details on Power Finance Corporation Share Price Target 2024, 2025, 2026 to 2030.
Power Finance Corporation Ltd: Market Overview
- Open Price: ₹468.80
- High Price: ₹473.75
- Low Price: ₹457.30
- Previous Close: ₹469.45
- Volume: 7,642,993
- Value (Lacs): ₹36,128.43
- VWAP: ₹467.05
- UC Limit: ₹516.35
- LC Limit: ₹422.50
- P/E ratio: 7.53
- Div yield: 2.59%
- 52-wk high: ₹580.00
- 52-wk low: ₹225.50
- Mkt cap: ₹1.56LCr
- Face Value: ₹10
Power Finance Corporation Ltd Competitors
Here are five competitor companies of Power Finance Corporation Ltd (PFC) along with their approximate market capitalizations:
- Rural Electrification Corporation Ltd (REC)
- Market Capitalization: ~₹29,000 crore
- REC focuses on financing power sector projects, particularly in rural electrification, and supports various initiatives to enhance electricity access.
- NTPC Ltd
- Market Capitalization: ~₹1,40,000 crore
- As India’s largest power generation company, NTPC not only generates electricity but also engages in project financing and development in the power sector.
- Indian Renewable Energy Development Agency Ltd (IREDA)
- Market Capitalization: ~₹6,000 crore
- IREDA specializes in financing renewable energy projects and promoting sustainable energy solutions across India.
- Tata Power Company Ltd
- Market Capitalization: ~₹24,000 crore
- Tata Power is a major player in power generation, transmission, and distribution, and it also invests in renewable energy projects.
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Gujarat Urja Vikas Nigam Ltd (GUVNL)
- Market Capitalization: ~₹6,500 crore
- GUVNL is involved in the transmission and distribution of electricity and plays a key role in the power sector in Gujarat, focusing on both conventional and renewable energy sources.
Power Finance Corporation Share Price Chart
Power Finance Corporation Share Price Target Tomorrow 2024 To 2030
Power Finance Corporation Share Price Target Years | Share Price Target |
2024 | ₹605 |
2025 | ₹992 |
2026 | ₹1186 |
2027 | ₹1312 |
2028 | ₹1475 |
2029 | ₹1527 |
2030 | ₹1685 |
Power Finance Corporation Share Price Target 2024
Power Finance Corporation share price target 2024 Expected target could be ₹605. Here are three key factors that could affect the growth of Power Finance Corporation’s share price target for 2024:
- Government Policies and Reforms: Supportive government policies and reforms in the power sector can significantly impact PFC’s growth. Initiatives aimed at increasing renewable energy capacity, improving power infrastructure, and enhancing electricity access will create more financing opportunities for PFC, positively influencing its share price.
- Investment in Renewable Energy Projects: As India aims to increase its renewable energy capacity, PFC’s ability to finance and support these projects will be crucial. Growth in financing for solar, wind, and other renewable energy initiatives can drive revenue and profit growth, thereby enhancing investor confidence and boosting share prices.
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Economic Recovery and Power Demand: A strong economic recovery leading to increased demand for electricity will benefit PFC. Higher electricity consumption will drive investments in power generation and infrastructure, resulting in more projects needing financing. This demand growth can improve PFC’s financial performance and positively impact its share price in 2024.
Power Finance Corporation Share Price Target 2025
Power Finance Corporation share price target 2025 Expected target could be ₹992. Here are three key factors that could affect the growth of Power Finance Corporation’s share price target for 2025:
- Expansion of Financing for Green Energy: As the global focus on sustainability and clean energy intensifies, PFC’s ability to expand its financing portfolio for renewable energy projects will be critical. Successful investment in solar, wind, and other green initiatives can enhance PFC’s reputation and attract more clients, positively influencing its growth and share price in 2025.
- Regulatory Environment and Compliance: Changes in regulatory frameworks or compliance requirements within the power sector can significantly impact PFC’s operations. Adapting to new regulations, such as stricter environmental standards or financial guidelines, can either pose challenges or create opportunities for growth, affecting investor sentiment and share price.
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Economic Conditions and Power Sector Growth: The overall economic environment and growth of the power sector will play a vital role in PFC’s performance. Economic stability and increasing energy demands will lead to more infrastructure projects needing financing. A robust power sector growth trajectory can boost PFC’s business prospects and enhance its share price by 2025.
Power Finance Corporation Share Price Target 2030
Power Finance Corporation share price target 2030 Expected target could be ₹1685. Here are three risks and challenges that could affect Power Finance Corporation’s share price target for 2030:
- Transition to Renewable Energy: The shift from traditional fossil fuels to renewable energy sources presents both opportunities and risks. If PFC fails to effectively adapt its financing model to support this transition, or if it invests heavily in fossil fuel projects that may become obsolete, it could face reputational damage and financial losses, negatively impacting its share price by 2030.
- Regulatory and Policy Changes: Future changes in government policies and regulations regarding the power sector can pose significant challenges. Stricter regulations related to emissions, renewable energy mandates, or changes in subsidy structures could impact PFC’s existing projects and financing strategies, potentially leading to reduced profitability and a decline in share prices.
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Economic Volatility and Credit Risk: Economic downturns or instability can affect the financial health of PFC’s borrowers in the power sector, increasing credit risk. If borrowers face financial difficulties and default on loans, it could lead to higher non-performing assets (NPAs) for PFC. This risk can undermine investor confidence and adversely affect its share price in the long term.
Power Finance Corporation Ltd Shareholding Pattern
- Promoter: 56%
- FII: 17.7%
- DII: 17.5%
- Public: 8.8%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:Â http://www.pfcindia.com/
Power Finance Corporation Ltd Financials
(INR) | Jun 2024 | Y/Y change |
Revenue | 86.89B | 19.60% |
Operating expense | -2.48B | -237.64% |
Net income | 55.43B | 21.13% |
Net profit margin | 63.80 | 1.29% |
Earnings per share | 11.27 | 23.68% |
EBITDA | — | — |
Effective tax rate | 19.25% | — |
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