Stock Report

PTC India Financial Services Ltd receives awards

Posted On : 2022-12-15 07:29:12( TIMEZONE : IST )

PTC India Financial Services Limited (PFS) has received "The Global Sustainability Awards 2022, an initiative of World Sustainability" held at Mauritius on 13th December 2022 for the following categories:

- Environmental Sustainability Program Award
- Sustainable Carbon Management Practice Award and
- Sustainable Water Management Award

A recorded message of MD & CEO, PFS has telecast at the award function. PFS is focused to support sustainable green infrastructure projects in the country. The company is pioneer in funding renewable sector and have assisted a total capacity of 14,858 MW worth of renewable projects with a total capital assistance of over Rs.30,000 Crores. PFS supported projects have resulted in Carbon abatement of 25 million tons/annum and a total of 125 Million tons of CO2 over 5 years.

PFS endeavor is to be the most financially sustainable infrastructure finance company to mitigate carbon footprints. A Wind power project in Karnataka set up by the company has helped in abatement of 100,000 tons of CO2 in the environment. This project has been registered with the UNFCCC under the Clean Development Mechanism. PFS endeavor is to act towards becoming a Net Zero company and address the issue of Green House Gas abatement at source.

Shares of PTC India Financial Services Limited was last trading in BSE at Rs. 16.50 as compared to the previous close of Rs. 16.65. The total number of shares traded during the day was 97761 in over 227 trades.

The stock hit an intraday high of Rs. 17.20 and intraday low of 16.35. The net turnover during the day was Rs. 1624120.00.