- Update Report
- 25-Jan-2017
We had recommended PTC India Financials (PFS) in Jul'14 at Rs. 34. Within a short span it crossed Rs. 60 and came back to lower levels.
Though the growth in renewable sector financing has been there, however, there has been increased competition and PFS has not been able to grow keeping its margin better. We there suggest to EXIT at current market price of Rs. 42.60, indicating 25% returns.