BEST STOCKS TO BUY TOMORROW

Hello everyone today we are going to talk about the stock of PFC in full detail, we will talk about the big news related to these stocks and tell you the information in all the details. I will say if you have not subscribed to the news, if you want to keep getting such latest updates on a daily basis, then you must subscribe my article to this blog so that the day- News and all articles related to daily stock market on day to-day basis, you get updated articles on time to time in your mail. Before going ahead in the article, lets talk about the SENSEX, it is currently trading at ₹ 50406, in which we have seen the jump of 608 points whereas if we consider the Nifty Fifty, then the current price of the Nifty is running at 14840. It has been in that when we have seen about 200 points in the Nifty, while talking about the Bank Nifty, the Bank Nifty is packing 34699 of which we have got 431 points to see in the trading session till today in the market. Also we will discuss best stocks to buy tomorrow.

Power Finance Corporation Limited (PFC), a state-owned non-bank financial institution, said on Tuesday that it had raised $ 500 million by issuing $ 1 billion worth of bonds.

NPFC, PFC, a leading player in the power sector, successfully raised $ 500 million on January 29, 2021 and issued USD dollar bonds on May 16, 2031 under the ck rake's path with hard and fast maturity.

The bond has a .35 percent hard and fast coupon once a year, which is within the fair value of the other PFC bonds. The proceeds from the securities will be used under external trade credit terms of the Federal Reserve Bank of India, including lending for equipment in the power sector.

Commenting on the success of the bond issue, PFC Chairman and Director R.S. Dillon noted with satisfaction that the PFC bond offering received widespread participation from international investors despite the challenge of the government-19 environment seen around the world.

The deal ended in lucrative terms, reflecting investors' confidence in the PFC business and its credit profile, and hence the story of India's power sector growth.

(HDFC) Net income fell 65% (y-o-y) to Rs 2,926 crore on Tuesday for the quarter ended December 2020 (Q3FY21). Subsequently, its net income increased by 2%.

However, (NII) grew by 26% YOY and 12% quarterly (QoQ) to Rs 4,068 crore. The lender reported that its net income for the month was lower as Crew Finance merged with the bank in Q3FY20, up from Rs 9,020 crore in the year-ago period.

Adjusted pre-tax profit for the quarter ended New Year's Eve was Rs 3,694 crore, up 27% from Rs 22,908 crore in the year-ago period, reflecting a 27% increase. The demand for this specialty has increased significantly as a result of recent corporate scandals. "In the quarter ending on New Year's Eve, 91% of personal discounts in the last four months cover property contracts

The net interest rate (NIM) for the quarter rose 20 basis points and 10 basis points three consecutive .4%. The spread in the personal credit book was 1.94% and in the non-personal book it was 3.14%.

The collection rate for personal loans was 97.6% in December 2020, compared to 96.3% in September. Loans on AUM basis in Q3FY20 by 9% YOY to Rs. 5,52,416 to Rs. As of New Year's Eve 2020, personal loans account for 76% of AUM. Personal loans grew by 26% in the same quarter last year. It has given a loan of Rs 7,076 crore to HDFC Bank, which was Rs 4,258 crore in the same quarter last year.

The total non-performing loan ratio increased by 20 basis points to 1.67% as compared to 1.81% in the previous quarter. Non-performing personal portfolio loans were 0.79% for the quarter and non-personal portfolio 4%. Thanks to an interim Supreme Court order, the lender did not classify new non-performing loans until August 31, 2020.

"If the Supreme Court maintains the accounts in a graded order until further orders are considered, the non-performing loans will be more than 1.91% in the credit sector, 0.98% with individual NPLs and non-individual NPLs. With 4.35%.

The lender's substantial capital ratio was 20.9% in the December quarter, compared to a minimum regulatory requirement of 14%.