Power Finance Corporation: Incorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned subsidiary of Power…
Power Finance Corporation (PFC) filed a disclosure titled "Incorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited)- NORTHERN REGION POWER TRANSMISSION LIMITED…". The company is…
What happened
Power Finance Corporation (PFC) filed a disclosure with the exchanges on 22 October 2026 at 11:17 AM titled "Incorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited)- NORTHERN REGION POWER TRANSMISSION LIMITED…".
Company snapshot
Power Finance Corporation is a large-cap company in the Financial Services sector, with a market value of about ₹1.08 lakh crore.
The stock last traded at ₹328.4, against a 52-week range of ₹313.4–₹486.5 (32.5% below the high).
Before this filing the shares had moved −4.1% over the month and −20.4% over three months. Average daily turnover over the last 20 sessions was about ₹334 crore.
Promoters held 55.99% at the end of Q1 FY27. Foreign institutions owned 20.54% and domestic institutions 14.51%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 28,539 | 8,981.5 | 20.81 |
| Q2 FY26 | 28,890 | 5,743.3 | 17.4 |
| Q3 FY26 | 29,095 | 6,292.5 | 19.07 |
| Q4 FY26 | 28,920 | 6,998 | 21.21 |
| Q1 FY27 | 28,527 | 7,012 | 21.25 |
What history shows
This is not the company's first corporate update disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.2% on average the next trading day and was down 0.5% on average after five days (10 filings with price data).
Across 22 similar disclosures by other Financial Services companies, shares moved −0.6% on average the next day and −1.5% over five days; 55% of them rose the next day.
Market-wide, 273 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.2%, with 41% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 12 Oct 2026 | Corporate update | +2.0% | — |
| 7 Oct 2026 | Transfer of Satara Power Transmission Limited (wholly owned… | +0.3% | +6.8% |
| 7 Oct 2026 | Corporate update | +0.3% | +6.8% |
| 28 Sept 2026 | Transfer of Latur REZ Transmission Limited and Raigad Power… | −1.4% | — |
| 28 Sept 2026 | Corporate update | −1.4% | — |
In the news
Recent coverage elsewhere (links open the original publisher):
- REG - Power Finance Corp. Power Finance - 10OE - Update
- PSEB advertises post of CMD, Power Finance Corporation Limited
- Power Finance Corporation incorporates Kadapa II REZ transmission subsidiary
- REC gets RBI nod for proposed merger with Power Finance Corporation
- Power Finance Gets RBI No-Objection Certificate for REC Merger
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.