PFC Stock Hits All-Time High, Outperforms Sector and Sensex with 'Buy' Call from MarketsMOJO

Power Finance Corporation (PFC) has reached a new milestone as its stock price hit an all-time high of Rs.580.35 on July 13, 2024. This is a significant achievement for the largecap finance company, which has been consistently performing well in the market.

According to MarketsMOJO, a leading stock market analysis platform, the stock call for PFC is 'Buy'. This is a positive indication for investors who are considering adding PFC to their portfolio.

In terms of price performance, PFC has outperformed the sector by 2.63% today. However, it is worth noting that the stock has fallen after 10 days of consecutive gains, which could indicate a potential trend reversal.

The stock also touched an intraday low of Rs.548.2, a decrease of 3.9% from its previous close. Despite this, PFC is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a good sign for investors.

In comparison to the Sensex, PFC has shown an impressive 1-year performance of 205.59%, while the Sensex has only grown by 23.13%. This further highlights PFC's strong performance and potential for growth in the finance industry.

Overall, PFC's stock price reaching an all-time high is a testament to the company's strong financials and market position. With a 'Buy' call from MarketsMOJO and consistent outperformance in the market, PFC is definitely a stock to watch out for in the finance/NBFC industry.