The stock, however, was down 2.9 percent on the stock market at 12:22 IST based on weak earnings.
PTC India Financial Services has sanctioned Rs 1,032 crore to nine energy projects, says director (finance) and CFO Pawan Singh.
PTC Financial Services divested part of its stake in Indian Energy Exchange (IEE). The company offloaded 14% in IEE for Rs 70 crore and it still holds 5% stake.