BofA cuts Power Finance Corporation stock target from INR 450 to INR 380

Published on 10/02/2026 at 00:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fourteen analysts set INR 476.79 average target, including 12 Buy ratings. Power Finance Corporation stock posted INR 7,012 crore profit in Q1 FY27, up 2.00 percent.

PFC, INE134E01011, Illustration mit AI erstellt.

Power Finance Corporation stock (ISIN INE134E01011) faces a lower valuation marker after BofA Securities cut its target from INR 450.00 to INR 380.00 on October 1, 2026, according to Investing.com. The change places the bank's target below the broader 12-month analyst average of INR 476.79.

BofA target falls to INR 380

The Investing.com table lists BofA Securities at Hold after the reduction, while Macquarie retained Buy with a target of INR 390.00 on September 30, 2026. The wider panel covers 14 analysts, including 12 Buy ratings, two Holds and zero Sell ratings.

For the average target, the calculation implies 49.93 percent upside from the quoted INR 318.00 reference on the analyst page. BofA's new target is 15.56 percent below that average, making the bank's cautious stance a clear counterweight to the consensus view.

Profit growth meets slower lending

Power Finance Corporation reported consolidated net profit of INR 7,012 crore in the first quarter of fiscal 2027, up 2.00 percent year on year, according to Economic Times. The result followed weaker loan-growth expectations and margin concerns cited in recent broker coverage.

In a separate review of the fourth quarter of fiscal 2026, DSIJ reported profit after tax of INR 63,246 million, up 23.80 percent year on year and 32.80 percent quarter on quarter. The same report cited gross Stage 3 assets of 1.09 percent and net Stage 3 assets of 0.15 percent at fiscal 2026-end, showing that asset quality remained central to the valuation debate.

NSE price stays near yearly low

Power Finance Corporation was last at INR 318.00 on the NSE on October 1, 2026 at 3:15 p.m. IST, down 2.30 percent from the prior close of INR 325.50. The 52-week range was INR 313.35 to INR 486.50, leaving the quote 1.48 percent above its yearly low and 34.60 percent below its yearly high.

The market capitalization stood at INR 1.0 trillion on October 1, 2026. For investors, the central tension is visible in the numbers: profit remains higher year on year, while the reduced BofA target and the distance from the yearly high point to slower growth expectations.