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Tuesday, January 17, 2017

PFS Share Price Creates New 52 Week High


PFSPFS share price rose more than 3 per cent in the early trading session of today to make a new 52 week high of Rs 43.85.
PTC India Financial Services Limited (PFS) has been promoted by PTC India Ltd (PTC) as a company incorporated under the Companies Act 1956. It is registered with RBI as a NBFC. The company is a systemically important non-deposit taking NBFC classified as “Infrastructure Finance Company (IFC)” by RBI and is listed on both Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE). As an IFC, PFS is engaged in the business of making investments in, and providing financing solutions to companies with projects in the power sector as well as related areas across the entire energy value chain. The business model and the commitment of PFS include partnering in infrastructure development and to also support the Power Sector by catering to the financial requirements of the sector.
PFS majorly provides fund based as well as non-fund based financial assistance in the form of debt or structured debt instruments, keeping in mind the need of the promoter/borrowing company, condition of the financial markets, risks and rewards from the project and regulatory requirements.
At 9.40 AM, PFS share price was seen trading at Rs 43.15, up by 3.11 per cent or 1.30 points on NSE. The intraday low so far stands at Rs 42.80. The Lower Price Band is 33.50 and the Upper Price Band is 50.20. A total of 13,59,980 shares of the company have been traded on NSE for a total value of Rs 589.28 lacs. The share price opened at Rs 42.90 from the previous closing of Rs 41.85.
PFS is one of the top 500 shares identified by Dynamic Levels research team. Get the historical share price performance of PFS at PFS share price history.

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