Money Power - PFC
Jayashree / 25 May 2009
PFC is a non-banking financial corporation that deals mainly in power sector financing and is committed to the integrated development of the power and associated sectors in India. The power sector is expected to do well owing to the reforms and this might drive its growth in the future.
PFC
BSE: 532810
CMP: 214.25
Volume: 628908
PFC is a non-banking financial corporation that deals mainly in power sector financing and is committed to the integrated development of the power and associated sectors in India. The power sector is expected to do well owing to the reforms and this might drive its growth in the future. The new government has an important task on its hands of meeting the increasing power requirements of the industry. There are rumours on the streets that may increase investors’ interest in this counter. The counter even looks good on account of its fundamentals and valuations. Thus, investors can do well by investing in the counter with a long term perspective.
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