Power Finance Corp Share Price Decreases by 0.13%
Power Finance Corp (PFC) witnessed a slight decrease in its share price, closing at ₹469.05 on the last trading day. The stock had an open price of ₹470.1 and reached a high of ₹477.8 during the day. However, it closed at ₹469.05, resulting in a decrease of 0.13%. The stock experienced a net change of -0.6. The trading volume for PFC on the BSE was 860,494 shares.
Power Finance Corp’s Negative Movement in the Stock Market
The share price of Power Finance Corp experienced a significant decrease, with a percent change of -8.43% and a net change of -39.5. This negative movement in the stock may be attributed to a decrease in investor confidence or negative market sentiment. However, it’s important to note that stock prices are subject to change and should be monitored closely.
Power Finance Corp’s Futures and Options Data
As of the latest data, the futures price of Power Finance Corp opened at ₹462.1, lower than the previous close of ₹467.1. The stock is currently trading at a spot price of ₹429.1. The top active call options for PFC were at a strike price of ₹500.0 and ₹510.0 with prices ₹3.25 (-71.11%) and ₹2.65 (-69.89%) respectively. The top active put options were at a strike price of ₹400.0 and ₹380.0 with prices ₹20.45 (+207.52%) and ₹14.25 (+213.19%) respectively.
Power Finance Corp’s Market Capitalization
The market capitalization of Power Finance Corp currently stands at ₹154,593.27 crore. The stock’s 52-week high is ₹469.85, while the 52-week low is ₹108.88.
Power Finance Corp’s Short Term and Long Term Trends
According to technical analysis, the short term trend for Power Finance Corp shares is bearish, while the long term trend is bullish.
Power Finance Corp’s Price Range and Stock Peers
During the day, the stock had a price range of ₹411.35 (low) to ₹466.85 (high). In comparison, the peers of Power Finance Corp, such as Bajaj Finance, Cholamandalam Investment & Finance Company, Shriram Finance, and SBI Cards & Payment Services, also experienced fluctuations in their share prices.
Analyst comment
Neutral News
As an analyst, it is expected that Power Finance Corp’s share price will continue to fluctuate due to market conditions and investor sentiment. While the short-term trend is bearish, the long-term trend remains bullish. It is advisable for investors to closely monitor the stock and market factors as they may impact future movements in Power Finance Corp’s share price.
