ICICI Securities has initiated a BUY call on Power Finance Corporation (PFC), assigning a target price of Rs 520, implying an upside of approximately 21% over the next 12 months.
National Aluminium Company stock was trading down by 2.3 percent during early trades on Monday. The PSU counter was trading lower despite overall bullishness in the markets.
IRFC stock has witnessed very high volatility during the year. Starting the current year around Rs 100 levels, the stock continued to rise to 150 plus levels by February.
Indian Railway Finance Corporation (IRFC) stock was trading firm on Friday with intraday high of Rs 155.69. The stock was trading at Rs 154.5 at the time of publication of this report.