Monday 21 March 2016

PFS sanctions loans worth Rs. 1100 crore

PTC India Financial Services Ltd has announced that it has sanctioned loans worth Rs. 1100 crore for providing financial assistance to the power/infrastructure sector in India.

News Newspaper Text
PTC India Financial Services Ltd has announced that it has sanctioned loans worth Rs. 1100 crore for providing financial assistance to the power/infrastructure sector in India.

The scrip opened at Rs. 36.05 and has touched a high and low of Rs. 37.6 and Rs. 35.95 respectively. So far 431579(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2034.73 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 62.2 on 15-Apr-2015 and a 52 week low of Rs. 29.75 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 36.65 and Rs. 34.1 respectively.
The promoters holding in the company stood at 60 % while Institutions and Non-Institutions held 13.54 % and 26.46 % respectively.

The stock is currently trading below its 200 DMA.

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