Power Finance Corp. Ltd.
Power Finance Corp. Ltd.
C&H / RB Pattern: Yearly Basis
Price BreakOut. Good to Go!!!
Continued Vol. BuiltUp.
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot:*
Estab. in 1986: A GOI owned NBFC to finance Power Sector.
GOI hold 56% stake. Increasing FII/DII stake since Sep’22. Also owns 53% stake in REC Ltd.
Improved RoA/RoE/RoCE for FY22 vs. FY21. Manageable ALM. High Dividend Yield Stock.
Past 1 Yr: Resolved 5 Stressed Assets = Rs.59.6bn.
Improved GNPAs / NPAs: 4.2% / 1.2%. CAR / Tier I CAR: 24.41% / 21.34% (Dec’22)
O/s loan book Exposure: Rs.3933 Bn (Dec’22).
*Concern:*
Major concentration: Power sector.
Higher haircut with delayed resolution.
Slower than anticipated demand pick-up in project financing.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
C&H / RB Pattern: Yearly Basis
Price BreakOut. Good to Go!!!
Continued Vol. BuiltUp.
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot:*
Estab. in 1986: A GOI owned NBFC to finance Power Sector.
GOI hold 56% stake. Increasing FII/DII stake since Sep’22. Also owns 53% stake in REC Ltd.
Improved RoA/RoE/RoCE for FY22 vs. FY21. Manageable ALM. High Dividend Yield Stock.
Past 1 Yr: Resolved 5 Stressed Assets = Rs.59.6bn.
Improved GNPAs / NPAs: 4.2% / 1.2%. CAR / Tier I CAR: 24.41% / 21.34% (Dec’22)
O/s loan book Exposure: Rs.3933 Bn (Dec’22).
*Concern:*
Major concentration: Power sector.
Higher haircut with delayed resolution.
Slower than anticipated demand pick-up in project financing.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.