Power Finance Corp. Shares Surge on Profit Rise

  Published 10 months ago

Power Finance Corp (PWFC) shares jumped 3.1% after reporting a 10.6% rise in Q4 profit, driven by a 20% increase in interest income. Analysts maintain a 'strong buy' rating, despite a 7% YTD drop, outperforming peer REC.

  • Q4 profit up 10.6% due to interest income.
  • Analysts rate PWFC a “strong buy”.
  • PWFC outperforms peer REC YTD performance.

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