PFC Stock Sees Decline of -3.3% and Rated 'Hold' by MarketsMOJO

Power Finance Corporation (PFC) has seen a decline in its stock price on November 12, 2024, with a loss of -3.3%. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -2.31% and touched an intraday low of Rs 465.45, showing a decrease of -3.35%. However, the stock is currently trading higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages.

Investors looking for a high dividend yield may find PFC attractive, as it currently offers a dividend yield of 3.47% at the current price.

In comparison to the overall market performance, PFC has shown a decline of -3.03% in the past day, while the Sensex has declined by -1.08%. In the past month, PFC has performed better than the Sensex, with a decline of only -0.31% compared to the Sensex's decline of -3.37%.

Despite the recent decline in stock price, PFC remains a largecap company in the finance/NBFC industry. Investors are advised to hold onto their investments in PFC and monitor its performance in the coming days.