Power Finance Corporation tanks over 12% even as CLSA remains bullish
PFC Q3 result 2024: The state-owned firm for the December-ended quarter posted an over 20 per cent increase in its consolidated net profit to Rs 6,294.44 crore on the back of higher revenues.
PFC share price target: Brokerage CLSA is of the view that PFC, during the review period, posted good margins; nevertheless, it recorded slower growth. Image: Reuters/ Representational image