On Thursday State-run Power Finance Corporation (PFC) posted an over 28% rise in its consolidated net profit at Rs 4,554.98 crore in the June 2021 quarter, mainly due to higher revenues.

Its consolidated net profit was Rs 3,557.23 crore in the quarter ended June 30, 2020, a BSE filing said.

The capital adequacy ratio of the company was 21.16 per cent as of June 30, 2021. The capital adequacy is at a comfortable level with sufficient cushion over and above the prescribed regulatory limits, it stated.

On Tuesday Asian Paints Ltd hit ₹3 trillion market capitalization after its shares hit a contemporary document excessive with gaining over 14% to date this 12 months.

The stock hit an all-time high of ₹3,178 on BSE and rose as much as 6.66%. At 2.50 pm, the script was trading at ₹3,144, up 5.53% from its previous close. So far this year it rose 14.67%.

Managing Director of Asian paints Amit Syngle said “This has been a resilient performance across all businesses despite the challenges posed by the second covid wave across markets, which disrupted business continuity from the second fortnight of April 2021. We registered strong growths in April 2021 and a robust resounding rebound in June 2021, post-May 2021 which was impacted in a big way.”