My Account
79032.73 -0.27%
71585.00 0%
989.75 1.82%
3130.80 2.28%
Mr. srPOLLA, looking to your post, you are seems to be new for share market. Bonus is always distributed from Reserve &Surplus of the company. PFC has 2640/- cr. capital and 81518/-cr. reserves. Now bonus declared is 1:4,means 25% of capital (660/-cr.) will be tranfered to capital A/C from reserves and not from borrowing. please dont misguide peoples.
Price when posted : NSE: Rs. 305.10
Mr. KM Singh . if PFC has so much cash rish and high in reserves.. why not use that cash effectively for project financing business and generate value to its shareholders. What is the need to raise 10k cr NCDs by borrowing it from maarket reduce the roe and roce value of it shareholders. this rally is just because of modi psu s statement and g20 investment priorities .. thats it.and it will fade away... it is indeed destroying value for its shareholders..
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