NSE: PFC · 26 October 2026
- Power Finance Corporation Ltd. (PFC) shares traded higher, closing with a 0.73% gain at ₹318.30. The stock moved within a day's range of ₹310.50 and ₹320.55 after opening at ₹316.55, reflecting modest buying interest following recent sessions of downward pressure.
- PFC Consulting Limited incorporated Khushkhera Transmission Limited as a wholly owned subsidiary to act as a Special Purpose Vehicle for developing the 400 KV GSS Bhojrajka transmission system. The SPV will handle initial preparatory activities such as surveys, land acquisition processes, and forest clearances before being transferred to the successful bidder selected through competitive bidding. This follows the company's nomination as the Bid Process Coordinator by the Ministry of Power and the Rajasthan state authorities.
- Trading volume was 0.71 times the 20-day average daily volume.
Why is Power Fin Corp share price rising on 26 October 2026?
Power Finance Corporation Ltd. (PFC) shares traded higher, closing with a 0.73% gain at ₹318.30. The stock moved within a day's range of ₹310.50 and ₹320.55 after opening at ₹316.55, reflecting modest buying interest following recent sessions of downward pressure.
The broader market showed positive momentum, with the Nifty benchmark advancing 0.68%. PFC's movement aligned directionally with the broader market recovery, though trading activity remained relatively light. Over the trailing 5-day and 20-day periods, the stock had experienced corrections of 4.49% and 6.20% respectively, suggesting today's uptick partly reflects a mild technical recovery after recent weakness rather than a shift in broader sector trends.
On the corporate front, PFC Consulting Limited, a wholly owned subsidiary, has continued its string of Special Purpose Vehicle (SPV) incorporations for transmission projects under tariff-based competitive bidding, most recently incorporating Khushkhera Transmission Limited on October 24, 2026, alongside other recent project SPVs and the ongoing procedural progression of its proposed merger with REC Limited following recent regulatory observations. While these developments highlight ongoing corporate execution and pipeline expansion, no single newly announced operational event is directly linked as the proven cause of today's price action.
70.12 lakh shares traded by 26 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 99.42 lakh shares (0.71 times). The five-day average daily volume was 96.85 lakh shares. Separately, the NSE report for 23 October 2026 showed 44.31 lakh shares delivered, representing 51.75% of that day’s traded volume. The same report recorded 67,583 trades.
PFC shares gained 0.73% in a mildly positive broader market environment, tracking broader index gains while recovering modestly from recent trailing losses (-4.49% over 5 days). In the absence of any same-day operational catalyst explicitly driving the session, the move appears to be a stock-specific technical rebound with below-average volume participation.
Latest Company Developments
PFC Consulting Limited incorporated Khushkhera Transmission Limited as a wholly owned subsidiary to act as a Special Purpose Vehicle for developing the 400 KV GSS Bhojrajka transmission system. The SPV will handle initial preparatory activities such as surveys, land acquisition processes, and forest clearances before being transferred to the successful bidder selected through competitive bidding. This follows the company's nomination as the Bid Process Coordinator by the Ministry of Power and the Rajasthan state authorities.
Demonstrates continuous project pipeline execution and adherence to regulatory frameworks for power transmission infrastructure development.
Power Finance Corporation Ltd. announced the receipt of No-Objection observation letters from BSE Limited and National Stock Exchange of India Limited regarding the proposed scheme of amalgamation of REC Limited with and into PFC. The observation letters include standard regulatory conditions and stipulate that the scheme remains subject to NCLT, RBI, shareholder, and creditor approvals.
Advances the procedural milestones for the proposed corporate consolidation between PFC and REC Limited, subject to final statutory clearances.
The company announced that it received a No-Objection certificate from the Reserve Bank of India (RBI) on October 15, 2026, regarding the proposed scheme of merger of REC Limited with and into Power Finance Corporation Limited, subject to specified instructions and conditions.
Securing sectoral regulatory clearance from the central bank marks a critical milestone in progressing the structural amalgamation.
Incorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned Subsidiary of Power Finance Corporation Limited)- KHUSHKHERA TRANSMISSION LIMITED
Cessation of Mr Pankaj Gupta as Non- Executive Independent Director of the company effective. September 22, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 8.99% on 30 September 2026. This compares with 9.34% on 30 June 2026, a change of -0.35 percentage points.
The filing reported 43 MF/UTI holders.
What to Watch Next
- Progress on the proposed amalgamation scheme involving REC Limited and subsequent NCLT filings
- Execution milestones and bidding outcomes for newly incorporated transmission SPVs under PFC Consulting Limited
- Delivery volume trends and cash participation levels relative to the 20-day average volume
- Quarterly financial performance and loan book growth across power sector lending segments
Other Dated Coverage
- Power Fin Corp Share Price Today: Why PFC Is Falling 3.33% | 23 October 2026 — 23 October 2026
- Power Fin Corp Share Price Today: Why PFC Is Falling 0.46% | 22 October 2026 — 22 October 2026
- Power Fin Corp Share Price Today: Why PFC Is Falling 1.50% | 21 October 2026 — 21 October 2026
More Power Fin Corp news and dated analysis →
Frequently Asked Questions
What is the latest Power Fin Corp company news?
PFC Consulting Limited incorporated Khushkhera Transmission Limited as a wholly owned subsidiary to act as a Special Purpose Vehicle for developing the 400 KV GSS Bhojrajka transmission system. The SPV will handle initial preparatory activities such as surveys, land acquisition processes, and forest clearances before being transferred to the successful bidder selected through competitive bidding. This follows the company's nomination as the Bid Process Coordinator by the Ministry of Power and the Rajasthan state authorities.
How strong was Power Fin Corp’s trading volume?
70.12 lakh shares traded, 0.71 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.