PTC India Financial Services consolidated net profit rises 20.78% in the June 2024 quarter

VIP Clothing Ltd, Intense Technologies Ltd, Tree House Education & Accessories Ltd and PTC India Financial Services Ltd are among the other losers in the BSE’s ‘B’ group today, 18 July 2024.

Hathway Cable & Datacom Ltd leads losers in ‘B’ group

Following the order passed by markets regulator Sebi on June 12, Mishra ceased to be the chairman and non-executive director of PTC India Financial Services Ltd (PFS) and CMD of PTC India

SAT Stays Sebi Order on Former PTC India CMD Rajib Kumar Mishra - News18

PTC India Financial Services said that the credit rating agency ICRA has downgraded the company’s long-term rating to ‘[ICRA] A-’ from ‘[ICRA] A+’ with ‘negative’ outlook.

ICRA downgrades ratings of PTC India Financial with ‘negative’ outlook

PTC India Financial Services Ltd (PFS) on Thursday said that Rajib Kumar Mishra ceased to be the company’s chairman following the order passed by markets regulator Sebi that restrained him from holding the director’s post for six months.

Rajib Kumar Mishra ceases to be chairman of PFS after Sebi’s order

PTC India Financial Services is a subsidiary of PTC, which holds around 65 per cent in the non-banking financial firm

Sebi imposes fine of Rs 35 lakh on PTC arm’s top brass for governance lapse

Sebi on Wednesday restrained PTC India Financial Services Ltd’s (PFS) acting chairman Rajib Kumar Mishra from holding the director’s post in any listed firm for six months and imposed a penalty of Rs 10 lakh on him for corporate governance lapses.

Sebi bars acting PFS Chairman from holding post of director for 6 months

PTC India Financial Services Ltd (PFS) has initiated the process of selecting a new chief executive officer as the company leaves behind the past controversies over allegations of corporate governance lapses.

PFS initiates process to select new CEO to put behind corporate lapses

PTC India Financial Services MD Pawan Singh speaks to BQ Prime's Vishwanath Nair about how the company managed to take care of their credit costs in the last few quarters.

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PTC India Financial Services' Pawan Singh On Credit Costs | BQ Prime

PTC India Financial Services on Friday reported a nearly 46 per cent rise in net profit at ₹36.41 crore for the quarter ended March 2023.

PTC India Financial Services Q4 net rises 46% to ₹36.40 cr

PTC India Financial Services on Friday reported a nearly 46 per cent rise in net profit at Rs 36.41 crore for the quarter ended March 2023.

PTC India Financial Services Q4 net profit rises nearly 46% to Rs 36.41 cr

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

PTC India Financial Services Limited is a non-bank financial company which provides total financial services to the entities in energy value chain.