PTC India Limited (NSE CODE: PTC)
Current Market price is Rs.101.00
Investment Idea
Investment Idea
Buy Above Rs.102.50x240 shares with stoploss Rs.94.50
Expected targets in February-2015
1st Target: Rs.111.00
2nd Target: Rs.118.50
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Shareholding Pattern
Promoters 16.22%
Mutual Funds/UTI 15.80%
FII/Banks 46.48%
Others 21.51%
Mutual Funds/UTI 15.80%
FII/Banks 46.48%
Others 21.51%
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Price Trend
1 Month 6.63%
3 Months 10.64%
6 Months 23.52%
1 Year 83.44%
3 Months 10.64%
6 Months 23.52%
1 Year 83.44%
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Company Profile
Company Profile
PTC India Limited provides power trading solutions in India. The company offers services in the power trading market, including intermediation for long-term supply of power from identified domestic independent power producers and cross-border power projects; financial services, such as providing equity and debt support to projects in the energy value chain; and fuel intermediation/aggregation for cross-border power plants. Its services comprise acting as an intermediary providing single window service after identifying the buyers and sellers; providing end to end marketing strategies for the power generated from power projects; studying the transmission feasibility for transfer of power, including transfer through displacement; facilitating sale of surplus power from captive power plants; finding alternative buyers in the event of default; acting as the nodal agency to facilitate cross border trading; coordination with agencies for open access, dispatch, metering, billing, energy accounting, and revenue realization; facilitating the development of power projects that generate electricity at competitive tariff; and providing advisory services. The company was formerly known as Power Trading Corporation of India Ltd. PTC India Limited was founded in 1999 and is based in New Delhi, India.
web site : http://www.ptcindia.com/
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