Power Finance Corporation Shows Trend Reversal Amid Broader Market Gains

Power Finance Corporation has shown notable activity today, gaining 3.38% on April 21, 2025. This performance marks a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 438.4, reflecting a 3.47% increase. In comparison to the broader finance/NBFC sector, which rose by 2.02%, Power Finance Corporation outperformed by 1.47%. Currently, the stock's moving averages indicate a strong position, being higher than the 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day moving average. The company also boasts a high dividend yield of 3.82% at the current price. In the broader market context, the Sensex has continued its upward trajectory, climbing 486.06 points to reach 79,389.15, a 1.06% increase. Notably, several indices, including S&P BSE Finance and NIFTY FINANCE, have achieved new 52-week highs today. Over the past week, Power Finance Corporation has outperformed the Sensex, with a 9.21% increase compared to the index's 5.64% rise.