Power Finance Corporation Shows Signs of Recovery Amid Broader Market Challenges

Power Finance Corporation, a prominent player in the finance and non-banking financial company (NBFC) sector, has shown significant activity today, gaining 4.35% on March 3, 2025. This performance marks a notable trend reversal, as the stock has rebounded after five consecutive days of decline.
In terms of market performance, Power Finance Corporation outperformed its sector by 4.07%, indicating a strong recovery relative to its peers. The stock reached an intraday high of Rs 380.6, reflecting a 4.47% increase during the trading session. Despite this uptick, it is important to note that the stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

Additionally, Power Finance Corporation boasts a high dividend yield of 4.31% at its current price, which may appeal to income-focused investors. Over the past month, the stock has experienced a decline of 1.52%, while the broader Sensex index has fallen by 5.38%, highlighting its relative resilience in a challenging market environment.