Your pop-over content will go in here!!! CLOSE ME

Thursday, 2 March 2017

_Huge spurt in Sanctions_

*Assured prospects for 4 years minimum*

POWER FINANCE CORPN:

1) Q3 loan Sanction spurt 64%  YoY at 33027cr vs 29520cr

2) 9m Loan Sanction up 52% at 94502cr

3) *Total Sanction 174402cr as on 31/12/2016*

4) Finally and most important: Loan Portfolio only 16.81% is Private sector ( where NPAs are higher due to siphoning off of funds leads to bloated project cost). *83.19% is Govt/ public sector which definitely is more safe*

Trading at 0.95xBook, PERatio of 4.60 and HIGHEST DIVIDEND YIELD, PFC can touch 225-250 next year

No comments:

Post a Comment