Maharatna PSU Power Finance Corporation (PFC) set to share its results next week. The state-owned company will share its performance for the fourth quarter and the financial year ending March 2025 (FY25) on Wednesday, May 21. In addition to the Q4 results, the company’s board is also likely to consider a dividend declaration during the upcoming meeting.
“The Board of Directors of Power Finance Corporation Limited in its meeting scheduled to be held on 21.05. 2025, interalia, will be considering a proposal for recommendation of Final Dividend, if any, for FY 2024-25,” said the company in an exchange filing.
Recently, PFC distributed a dividend amounting to ₹5,363 crore to its shareholders for the financial year 2024-25.
PFC operates as a non-banking financial company (NBFC) under the Ministry of Power.
"The total dividend of ₹5,363 crore for Financial Year 2024-25 includes the final dividend of ₹825 crore for FY 2023-24, of which ₹3,003 crore was allocated to the Government of India," the company announced in a statement.
PFC share price today jumped nearly 4%, the stock opened at an intraday low of ₹407.30 apiece, and touched an intraday high of ₹423.10 per share.
Anshul Jain, Head of Research at Lakshmishree Investments said that PFC share price is forming a bearish flag on the weekly chart, with the current rally likely a retest of the flag's upper boundary in the 430–435 zone. While short-term strength is visible, the broader structure remains bearish.
“The key breakdown level is at 375—if breached, it could trigger a sharp decline toward the 300 zone. Traders should remain cautious near resistance and watch for signs of rejection or weakness to confirm the bearish continuation,” said Jain.
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