PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...
29 Jun, 2026, 12.01 PM IST
Waaree Energies shares crash 5%. Can this US ruling dent solar panel maker's image for long?Waaree Energies shares fell nearly 5% after a US Customs ruling triggered concerns over reputational impact despite the company’s clarifica...
29 Jun, 2026, 11.12 AM IST
PFC-REC merger approved! Here's what will happen to your existing shares after mega mergerPFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...
29 Jun, 2026, 08.37 AM IST
PFC, REC seek to help centre retain majority at low costPower Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary op...
26 Jun, 2026, 12.46 AM IST
LIC emerges as highest profit-making financial company in Jan-Mar quarterLast week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19...
24 May, 2026, 01.19 PM IST
LIC emerges as highest profit-making financial company in March quarterLife Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...
24 May, 2026, 10.45 AM IST
Mega merger incoming: Should you buy PFC, REC shares ahead of merger? Here's what analysts sayPFC and REC shares are under scrutiny as a mega merger progresses. Analysts advise a staggered approach to buying, highlighting that the tr...
21 May, 2026, 10.08 AM IST
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...
13 May, 2026, 09.27 AM IST
Buy the dip, but avoid IT, back pharma & power, says Rudramurthy BVIndian markets are experiencing a healthy correction, according to Vachana Investments' MD, CA Rudramurthy BV. He advises waiting for speci...
24 Apr, 2026, 06.07 PM IST
Investors should start deploying capital gradually: Daljeet KohliIndependent Market Expert Daljeet Kohli suggests the worst of geopolitical tensions may be behind us, advising a disciplined, phased invest...
21 Apr, 2026, 10.52 AM IST
PFC, REC shares fall up to 3% after merger announcementPower Finance Corporation's board has approved an in-principle merger with REC, advancing a Union Budget proposal to restructure the two pu...
09 Feb, 2026, 10.05 AM IST
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...
10 Jul, 2025, 10.21 AM IST
PFC, REC shares surge up to over 5% after Bernstein initiates coverageHDFC Bank shares surged 3% to a fresh high on an MSCI boost, targeting Rs 1,900. PFC and REC sustain above significant exponential moving a...
03 Jul, 2024, 11.37 AM IST
- Wait and watch PFC stock: Mitesh Thacker
I would probably wait for the stock to get to 171-175 once it break those levels you would see rally up to as high as 195.
21 Nov, 2011, 12.03 PM IST
- 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...
21 Nov, 2011, 11.15 AM IST
- Buy PFC: Rajat Bose
Power Finance is now showing on the technical charts that there are opportunities available on the upside.
14 Jul, 2011, 12.59 PM IST
- PFC lists on BSE with 22.35 pc premium
PFC made a dream debut on the BSE with its shares being listed at Rs 104 with 22.35 pc premium.
23 Feb, 2007, 10.45 AM IST