StageCorporate Majority - P2P | IPO
About Power Finance
Power Finance (BSE: 532810) is an infrastructure finance company that provides fund and non-fund-based support for the development of the power sector. Its clients include state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and power utilities run by local municipalities. It focuses on the generation, transmission and distribution, and related activities in the power sector. The company was founded in 1986 and is based in New Delhi, India.
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Latest Power Finance News
Mar 23, 2023
Indraprastha Gas, Power Finance Corporation, Metro Brands, Andhra Cements, HAL, HF Infra, Hero MotoCorp, and Tata Motors among others are in focus on the back of either stock-related news or various corporate actions on Wednesday, March 23, 2023. Stocks in focus: IGL, PFC, Hero MotoCorp, Metro Brands, Andhra Cements, HAL, HG Infra, Tata Motors - Image Source: Pixabay From various corporate actions to Global Surfaces listing, several stocks are in focus on Thursday, March 22, 2023. These stocks are Indraprastha Gas, Power Finance Corporation, Metro Brands, Andhra Cements, HAL, Hero MotoCorp, HG Infra, Tata Motors, and others. Here are some of the stocks to be in focus on Dalal Street on March 23: Hindustan Aeronautics (HAL): The government will sell up to 3.5 per cent stake in Hindustan Aeronautics Ltd (HAL) at a floor price of Rs 2,450 a share, if fully subscribed, which would fetch about Rs 2,800 crore to the exchequer. The two-day Offer For Sale (OFS) will open for institutional investors on Thursday and for retail buyers on Friday. Hero MotoCorp: Hero MotoCorp on March 22, said it will increase prices of its model range by around 2 per cent from next month in order to offset the impact of rise in production cost in order to conform to stricter emission norms. Global Surfaces shares to make market debut on Thursday at 10 am. The initial share sale of Global Surfaces Ltd was subscribed 12.21 times on the final day of the offer on March 15. Reliance Industries: Reliance Consumer Products Limited (RCPL), a wholly-owned subsidiary of Reliance Retail Ventures Limited, on Wednesday said it has expanded its play in the FMCG segment by launching its range of home and personal care products. Max Financial Services: A promoter entity of Max Financial Services Ltd (MFSL) offloaded the company's shares worth Rs 94 crore through an open market transaction. Coromandel International Ltd, which is into fertilisers and crop protection chemicals businesses, said it will diversify into speciality and industrial chemicals. Andhra Cements board to consider allotment of shares to Sagar Cement post-merger Indraprastha Gas and Power Finance Corporation boards to consider interim dividends on March 23, 2023 NBCC: Company gets LoA of Rs 625 crore for construction of a medical college in Maharashtra. HG Infra: Company is lowest bidder for a NHAI project worth Rs 925 crore. Metro Brands board to discuss business Tata Motors wins order of 1000 Xpres T EVs from OHM E Tech Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com .
Power Finance Frequently Asked Questions (FAQ)
When was Power Finance founded?
Power Finance was founded in 1986.
Where is Power Finance's headquarters?
Power Finance's headquarters is located at Urjanidhi, 1, Barakhamba Lane, Connaught Place, New Delhi.
What is Power Finance's latest funding round?
Power Finance's latest funding round is Corporate Majority - P2P.
Who are the investors of Power Finance?
Investors of Power Finance include Rural Electrification.
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