PTC India Financial services is currently trading at Rs. 13.22, up by 0.02 points or 0.15% from its previous closing of Rs. 13.20 on the BSE.
The scrip opened at Rs. 13.00 and has touched a high and low of Rs. 13.60 and Rs. 13.00 respectively. So far 94632 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 17.58 on 27-Jan-2020 and a 52 week low of Rs. 6.78 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 14.23 and Rs. 12.95 respectively. The current market cap of the company is Rs. 857.45 crore.
The promoters holding in the company stood at 64.99%, while Institutions and Non-Institutions held 3.87% and 31.14% respectively.
PTC India Financial services (PFS) has received Commercial Paper (CP) subscription of Rs 300 crore at competitive interest rate from a nationalized bank. The money received / to be received under the current CP issuance is to be utilized for augmenting of cash flows at competitive cost and for on lending to sustainable infrastructure projects, and it would help in improving Net Interest Margin (NIM) of the company with diversified sources of borrowing.
PTC India Financial Services is an Indian non-banking financial institution. The company makes principal investments in, and provides financing solutions for, companies with projects across the energy value chain.