Breaking News:PFC Board meeting on 24March
PFC should convene Board meeting on 24th for interim Dividend.
PFC will declare *Rs 10 per share as interim Dividend*. Record date for same will be before March expiry as Govt wants Dividend in this financial year. Stock has potential to *cross Rs 150 before Record date*as Dividend yield whopping 7.5%
Investors may remember that in Feb share price of PFC and REC used to be at same levels (like twins). However *REC declared Rs 7 dividend and stock rose to 161*
PFC will also spurt like REC. Stock is subdued to selling by 1 FII
_When market is all time high, PFC is most undervalued NBFC and safest buy
Hence Investors can buy in Cash segment for decent return on short run. Stock is also excellent choice for long term Investors. PFC will also declare final Dividend with Q4 Result. _Total Dividend for FY17 can be Rs 13_
*Can any other stock match such huge Dividend Yield*
PFC can be Rs 225-250 in 2018
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