Power Finance Corporation is engaged in extending financial assistance to the power sector and is a Systemically Important (Non-Deposit Accepting or Holding) Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI) as an Infrastructure Finance Company (IFC).
The major thing of attraction is the Dividend yield it provides is 11% which is remarkable for long term shareholders.
Currently stock is following the trendline and continuously taking support on it.
Time frame - 1 DAY
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