PFC's Stock Declines by -3.02%, Underperforming Sector According to MarketsMOJO

Power Finance Corporation (PFC) is a leading finance company in the Non-Banking Financial Corporation (NBFC) sector with a large market capitalization. On October 25, 2024, PFC's stock experienced a decline of -3.02%, closing at Rs 439.75. This performance was deemed as underperforming the sector by -1.7% according to MarketsMOJO, a leading stock market analysis platform.

The stock's intraday low was recorded at Rs 438.5, a decrease of -3.1% from the previous day's closing price. PFC's current trading price is also lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock performance.

Despite the decline, PFC still offers a high dividend yield of 3.69% at its current price. However, investors should note that PFC's stock has been underperforming the Sensex, India's benchmark stock index, in both short-term and long-term periods. In the past 1 day, PFC's stock performance was -3.22% compared to Sensex's -0.48%, and in the past 1 month, PFC's stock performance was -9.38% compared to Sensex's -6.45%.

As a largecap company in the finance sector, PFC's stock performance is closely watched by investors. However, it is important to note that this article is based on factual information and does not contain any recommendations or opinions from experts or investors. Investors are advised to conduct their own research and analysis before making any investment decisions.