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PFC SHARES RALLY
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
PFC, REC shares in focus as mega merger process advances. What's next?Power Finance Corporation's board has taken a significant step towards merging with Rural Electrification Corporation. The board has approv...
Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as the...
PFC shares jump 5% to hit fresh 52-week high, surge 29% in April so far. What's heating up the stock?PFC shares surged over 5% to hit a fresh 52-week high amid expectations of rising power demand due to increasing temperatures. The stock ha...
Morgan Stanley sees up to 22% upside in PFC, RECMorgan Stanley has initiated 'Overweight' ratings on Power Finance Corporation (PFC) and REC, foreseeing significant upside potential of 18...
REC, PFC shares rally up to 3% after Morgan Stanley initiates coverage with overweight ratingThe global brokerage has assigned a price target of Rs 485 for REC and Rs 508 for PFC, indicating potential gains of 23% and 21%, respectiv...
PFC, REC shares rally 4% as RBI eases provisioning norms for project financiersPFC and REC shares surged following the RBI's final project finance directions, which replaced legacy circulars and aligned norms. The rela...
Power Finance Corporation Q4 Results: Cons PAT jumps 11% to Rs 8,358 crore, NII surges 38%; dividend declaredPower Finance Corporation Q4 results: Power Finance Corporation reported an 11% YoY rise in Q4FY25 profit at ₹8,358 crore, with net interes...
REC, PFC shares rally up to 4.5% as ICICI Securities initiates coverage with ‘buy’ ratingShares of PFC and REC surged up to 4.5% after ICICI Securities initiated coverage with "Buy" ratings and target prices of Rs 550 for PFC an...
PFC, REC shares rally up to 3% after Emkay initiates coverage with up to 31% upsideShares of REC Ltd and PFC surged 2.8% after Emkay Global initiated coverage with a BUY rating, citing sustained loan growth, stable margins...
PFC shares jump 7% post Q2 results; Brokerages maintain bullish outlookPFC Share Price: Power Finance Corporation shares rose 9% after reporting a 9% increase in Q2 profit, driven by higher revenues and loan gr...
PFC, REC shares up 3% after UBS initiates coverage on the 2 PSU stocksShares of state-owned PFC and REC rose by 2% and 3% as UBS initiated coverage on them. UBS sees potential growth driven by financing renewa...
Big movers on D-Street: What should investors do with ONGC, PFC and Tata Power?Sensex and Nifty recovered significantly on Wednesday following a global rally after consecutive losses. Key stocks in focus included ONGC,...
SJVN shares zoom over 9%, hit 52-week high on signing MoU with PFCTechnically, the stock's day RSI (14) is at 68.7. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showe...
Valuation comfort makes PSUs attractiveONGC, Indian Oil, Power Finance Corporation (PFC), REC, SAIL, General Insurance, Oil India, and New India Assurance are among the PSUs trad...
PFC rallies, but may not sustain the momentumAccording to media reports, state utilities witnessed a twofold to tenfold jump in their collections as they were allowed to collect old no...
Meaningful changes happening in REC and PFC sectors: Prakash Diwan'The transmission losses as they like to call it euphemistically, and tariff hikes is not so easy'
- Wait and Watch for PFC and REC to stabilise: Ashwani Gujral
You need to have a 3-5 day down period for any kind of a trending stock to correct and then come into a value zone where you buy it.
- REC with a stop at 180: Mitesh Thacker
REC can be bought with a price target of 203.
- PFC, REC gain on reports to hike tariffs
Shares of PFC and REC gained today on reports that the Tamil Nadu Electricity Board has sought the regulator’s approval to increase tariffs...