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Technically, the stock's day RSI (14) is at 68.7. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. MACD is at 4.3, which is above its center and signal Line, this is a bullish indicator.
Pfc: The term loan financial assistance is tentatively proposed at 70 per cent of the project cost, which may be increased for renewable energy projects as per project requirements, it stated.
Parminder Chopra, Chairman & Managing Director, PFC said, this transaction is in line with PFC's expanding role in funding green projects and positioning itself as the focal agency for energy transition.
Stocks like Engineers India, PFC, REC and Bharat Electronics came under the scanner as they plunged 8-9 percent on September 12 on the back of sharp profit booking after their bull-run.
The PFC had proposed to issue bonus shares by capitalising securities premium account to the extent that each shareholder is entitled to a new equity share of Rs 10 each for every four equity shares of Rs 10 each