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PFC 121.8

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NSE:PFC   POWER FINANCE CORP
PFC-121.8. It has fallen from recent high of 135.9 and consolidated. Now it will start its upward journey to reach previous highs of 136 and 140 in near future. Its last quarter EPS is 10 and stock is trading at very cheap valuations. It is also a holding company of REC. Buy for target of 130, 136, 140++ with a sl of 107 in near term also good dividend paying company. Last year in Feb'20 they paid interim dividend of 9.5. This time also they may pay. This is for educational purpose only. Consult financial adviser before investing.

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