About Multibagger Jackpot Stock Power Finance Corporation (PFC)
Multibagger Jackpot Stock Power Finance Corporation (PFC) is a one of the leading institutional partner for the power and allied infrastructure sectors in India and overseas across the value chain. It was incorporated on July 16, 1986, as a financial institution to finance, facilitate and promote India’s power sector development and was also notified as a public financial institution.
In the year of 1998 PFC has been declared a Mini Ratna (Category I) and promoted PTC India Limited as a joint venture with NTPC Limited and Powergrid Corporation of India Limited. On June 22, 2007, PFC was also notified as a Navratna company by the Government of India. Furthermore, in 2005 it entered into MoU with LIC and ten leading public sector banks for consortium financing of power projects.
Check out its Ratings
Moody’s – Baa3(Sovereign)
Standard & Poor’s – BBB-(Sovereign)
Fitch- BBB- (Sovereign)
CRISIL – CRISIL AAA (Highest Safety)
ICRA – ICRA AAA (Highest Safety)
CARE – AAA (Highest Safety)
Some of its peer competitors and their performance are listed below for your reference.
|Net Profit||Total Assets|
|PTC India Fin||2,668.69||1,186.91||391.10||7,993.79|
Currently, multibagger jackpot stock Power Finance Corporation (PFC) is trading at around 144-146 range. You can expect a break out here in the upside as the domestic and global cues are also favoring. As you can also see from the chart that after sharp correction on August 2016. So, I am bullish on this stock since September 2016 as it has consolidated at around 115 and gradually moving upwards.
You can BUY this stock and can book your partial profit around 180-190. In case it breaks this range, then you can feel the heat of this stocks. Furthermore, my second target is 255 and the third target is 360+. But you must also have the patience to hold the stocks and then you can enjoy the fruits within a year only.
Technically the stocks look good in the chart and fundamentally it has performed constantly and declared its profits above 6000 Crore in Indian Rupee.
So, what do you think about this real gem?
Share this buzzing post with your friends and make money online. It is a real multibagger jackpot stock. Happy Investing!
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Author: Ratan Kumar
Ratan Kumar, an enthusiast stock market trader & blogger. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of stock market.