PFC's Stock Performance Draws Attention Despite Recent Dip

Power Finance Corporation (PFC) has been making headlines in the finance industry with its recent stock performance. On March 13, 2024, the company's stock saw a decline of -4.59%, underperforming the sector by -3.5%. However, despite this dip, experts at MarketsMOJO have given a 'Buy' call for the stock.

Looking at the price summary, we can see that PFC's stock has been on a downward trend for the past two days, with a fall of -5.08% in that period. The stock also touched an intraday low of Rs 410.25, a decrease of -4.42%. However, it is worth noting that PFC's stock is still performing well in the long term, with its moving averages higher than the 100-day and 200-day averages.

In comparison to the Sensex, PFC's stock has seen a -4.76% decline in the past day, while the Sensex only saw a -0.12% decrease. However, in the past month, PFC's stock has seen a -2.79% decline, while the Sensex has seen a 2.83% increase.

Despite the recent dip in PFC's stock, the company remains a strong player in the finance industry. With its largecap size and positive long-term performance, PFC continues to be a reliable choice for investors. Keep an eye on this stock as it continues to make waves in the market.