Searched for
PFC RATINGS UPGRADE
Merger involving $61 billion of debt to support India’s credit marketIndia is merging two major state-owned power lenders, Power Finance Corp. and REC Ltd. This move is expected to inject more funds into the ...- MMRDA gears up for $47 billion infrastructure makeover in Mumbai regionThe MMRDA is set to revolutionize Mumbai's infrastructure with a massive Rs 4.07 lakh crore investment over the next five years, aligning w...
- REC, PFC shares rise up to 3.5% as Macquarie reiterates outperform ratingREC rose by as much as 3.5% on Thursday to Rs 416.10 on the BSE, while PFC gained 2.9% to Rs 407.10. Macquarie set a target price of Rs 700...
- CLSA upgrades REC, PFC ratings to ‘High perform’ stating strong loan growth, ROE, dividend yieldCLSA has upgraded Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) to 'High Perform' due to robust loan growth, ...
- Stocks to buy today: HSBC upgrades Biocon; MOSL sees 20% rise in HCL Tech post Q3 resultsMotilal Oswal (MOSL) has reiterated its "Buy" rating on HCL Technologies, setting a target price of Rs 2,400, which implies a potential ups...
- Vodafone Idea dials PFC, REC for funding needs; funds required to meet 3-yr capex & maintenance costsVodafone Idea has approached state-owned lenders Power Finance Corp. and REC Ltd for loans to cover a ₹25,000 cr funding gap. The funds are...
- Stocks in news: RVNL, JSW Steel, IRCTC, PFC, BEL, LupinJSW Steel has completed making the entire investment of Rs 750 crore in JSW Paints and has been intimated by JSW Paints that it has complet...
- Bhel, PFC, REC can trade much higher; ICICI, Axis can give 20-25% return over next year: Chakri Lokapriya" In the case of ICICI and Axis, the big run-up has happened. They are trading at their historical price to book multiples. If it continues...
- ETPWLA 2023: Jayashree Satagopan and Parminder Chopra recognised as winners of the Finance Leader of the Year category at ETPrime Women Leadership AwardsAt ET Prime Women Leadership Awards (ETPWLA) 2023, Jayashree Satagopan, President Corporate & CFO, Coromandel International Limited and Par...
- PFC Q4 profit jumps over twofold to Rs 2,117 croreThe firm's total standalone income increased to Rs 7,702.64 crore in the March quarter.
- Moody's retains stable outlook on PFC, REC post acquisition announcementPower Finance Corp last week announced a deal value of Rs 14,500 crore to acquire government’s stake in REC.
- Stocks in the news: PFC, Bandhan Bank, YES Bank, DLF and InterGlobe AviationHere's a look at the top stocks that may hog the limelight in today's session.
- Low renewable tariffs good but should be viable: PFC CMD Rajeev SharmaPFC is also actively undertaking various measures available under RBI and legal frame work like 5/25 scheme, SDR scheme, S4A, IBC under NCL...
- Market Now: Over 20 stocks hit fresh 52-week lowsEquity benchmarks were trading in the positive territory after Moody's upgraded India's sovereign credit rating.
- Stock pick of the week: Why analysts are upbeat about Power Finance CorporationThe recovery in the power sector and the resultant robust business growth during the first quarter was another reason for PFC’s improved pe...
- Rs 3,600 crore PFC loan to 4 UP discoms for new connectionsPFC plans to expand into refinancing business and launch special short-tenure loans for power transmission projects won through competitive...
- Rating outlook upgrade to soften banks' cost of funds: Indian Banks AssociationIndian Banks Association CEO Tanksale said upgrade in the outlook comes at a time when banks in the country are looking at raising money fr...
- Perks of PSU jobs: Generous allowances, soft loans, job security and moreThanks to these perquisites, unlike private companies which face high employee attrition rates, state-run firms are comfortable.
- Eight stocks that buzzed in today’s tradeAccording to analysts, the market is likely to consolidate with negative bias as some profit booking can’t be ruled out from current levels.
- Power Finance Corp to reduce lending rates by 25 bpsPFC is likely to reduce its lending rates by about 25 basis points to realign them with market rates.
Load More
