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08 Dec 2016 | 9:44 AM
Research Report
Weekly

Equity Research Report: Master Pick - PTC India Financial Services Ltd

PTC India Financial Services (PFS) is a NBFC promoted by PTC India. PFS has become the first institution in India, and the 26th globally, to sign IFC's master cooperation agreement. This will help standardize steps that lenders take when co-financing projects with IFC. This shall help in reducing the financing costs for borrowers and the borrowers shall also have access to global best practices including IFC's environmental and social guidelines.
19 Oct 2015 | 08:36 AM

Post that surge, it witnessed marginal profit taking which later intensified and dragged the stock towards support zone of long term average of 100 EMA on weekly chart in June, 2015. It formed a base around that zone for nearly four months and rebound strongly in the passing week. All indications are in the favor of this momentum to continue so one can accumulate in the given range of 48-51 with close below stop loss of 45 for the target of 62.

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