PFC stocks jumps by 4%
On Thursday, Power Finance Corporation’s shares jumped by over 4% intraday on reports that the board of the company is to consider bonus issue on August 20, 2017.
Power Finance Corporation is a non-banking financial company engaged in business of financing companies. The company’s principal products/services include interest on loans and income from other services.
The board of director will meet on August 10, 2017 to consider this issue.
At Rs 126 per share, the stock was trading higher by 3.93% on BSE AT 1404 hours. It opened at Rs 121.50 per share. It touched its intraday high and low at Rs 128.30 and Rs 121.50 per share.
It attracted total traded volume of 87,66,139 shares and traded value of Rs 11,026.93 lakh on NSE at 1406 hours.