Power Finance Corporation Faces Decline Amid Broader Market Sentiment Shift

Power Finance Corporation, a prominent player in the finance and non-banking financial company (NBFC) sector, experienced a decline of 3.19% on May 8, 2025. The stock underperformed its sector by 2.1%, reflecting broader market trends. During the trading session, it reached an intraday low of Rs 392.1, marking a decrease of 3.05%.
In terms of moving averages, Power Finance Corporation is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term. Despite the recent downturn, the company maintains a high dividend yield of 4.01% at its current price, which may appeal to income-focused investors.

The overall market sentiment was also affected, as the Sensex, after a positive opening, reversed sharply, falling by 470.11 points to trade at 80,442.23, down 0.38%. In comparison to the Sensex, Power Finance Corporation's performance over various time frames has shown significant underperformance, particularly over the past year, where it has declined by 11.39%, while the Sensex has gained 9.46%.