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Asia

PFC shares tumble 5% to 4-month low after weak Q1 earnings. Why Motilal Oswal still recommends Buy

Markets-Economic Times · 2h ago · 🇮🇳 India

PFC shares tumble 5% to 4-month low after weak Q1 earnings. Why Motilal Oswal still recommends Buy

PFC shares fell over 5% after the company reported a 2% YoY rise in Q1 FY27 consolidated net profit to Rs 7,012 crore. Motilal Oswal retained its Buy rating but cut its target price to Rs 500, citing lower loan growth and margin pressure.

Read the full story at Markets-Economic Times →

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