Pending — not yet graded
“Downgraded PFC to 'equalweight' from 'overweight', cutting its price target to ₹410 from ₹510, implying a 9.3% upside. This is the first downgrade for PFC, reflecting sharply moderated loan growth (4% in June quarter) and a greater disconnect than anticipated, with only gradual recovery expected. The call was made in a note dated Thursday, August 20.”
Power Finance Corporation Ltd. (PFC)NeutralCalled 20 Aug 2026
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