Motilal Oswal Financial Services has issued a BUY recommendation on Power Finance Corporation (PFC), setting a target price of Rs 485—representing a 17% upside from current levels.

PFC share price continued with its recovery on Thursday as the PSU counter closed 2.26 percent higher. PFC stock touched intraday high at Rs 408.8 and closed at Rs 404.70.

Power Finance Corporation share price declined to Rs 362 during early trades but recovery was witnessed during the afternoon trade.

Power Finance Corporation shares jumped 3.86 percent as buying continued from lower levels.

NMDC, REC, Power Finance Corporation, NHPC were among major losers in public sector stocks.

ACME Solar Holdings Limited, a prominent renewable energy company recently listed on the stock exchange, has achieved significant milestones in its expansion journey.