PFC has target of Rs 157: Madhumita Ghosh

Power Finance Corporation (PFC) has target of Rs 157, says Madhumita Ghosh of UNICON

Ghosh told CNBC-TV18, "PFC is in the financing of the power sector deals. Basically because of the 12th 5 year plan, the 1 million MW is expected where it will be an investment of Rs 1 trillion. So we have upper price target of Rs 157 for the stock with a downside stoploss of Rs 145."