PFC Stock Sees Positive Trend, Outperforms Sector and Offers High Dividend Yield

Power Finance Corporation (PFC), a leading finance company in the non-banking financial sector, has seen a positive trend in its stock performance. On November 25, 2024, the company's stock gained 4.7%, outperforming the sector by 3.19%. This has led to a 'Hold' call by MarketsMOJO for the stock.

The stock opened with a gain of 2.43% and touched an intraday high of Rs 505, showing a high volatility of 55.96%. PFC has been gaining for the last two days and has risen 10.13% returns in this period. The stock is currently trading higher than its 5-day, 20-day, 50-day, and 200-day moving averages, but lower than its 100-day moving average.

One of the key highlights of PFC's stock is its high dividend yield of 3.49% at the current price. This makes it an attractive option for investors looking for stable returns. In comparison to the Sensex, PFC has outperformed with a 1-day performance of 4.77% and a 1-month performance of 14.29%, while the Sensex has only seen a 1.63% and 1.26% increase, respectively.

PFC's strong performance in the stock market is a reflection of its stable financial position and growth potential in the finance industry. With its consistent gains and high dividend yield, PFC remains a promising option for investors in the largecap category.