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REC RATINGS UPGRADE
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...06 Mar, 2025, 01.15 PM IST- CLSA terms REC 'high conviction outperform'The brokerage, however, reduced the target price to ₹525 from ₹590 as REC is expected to see mid-teen growth instead of the 20% forecast ea...04 Mar, 2025, 05.40 AM IST
- 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, ...03 Mar, 2025, 11.48 AM IST
- 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...14 Jan, 2025, 10.18 AM IST
- 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...10 Sep, 2024, 08.20 PM IST
- Q2 Review: Profits of 9 PSUs grow faster than sales; which stocks should you bet on?The companies that saw profits grow faster than sales were REC, Power Finance Corporation, Coal India, NTPC, Bharat Electronics, IRCTC, Con...20 Nov, 2023, 10.07 AM IST
- 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...31 Aug, 2023, 10.43 AM IST
- Suzlon feels financial woes over with REC-led refinance; looks to raise Rs 1,200 cr in FY23 from rights issueSuzlon Group is looking to raise up to Rs 1,200 crore through a rights issue of shares by the fiscal-end to pare the refinanced debt of Rs ...15 Aug, 2022, 04.37 PM IST
- 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.27 Mar, 2019, 10.47 AM IST
- 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.13 Dec, 2018, 08.30 AM IST
- Expect government to support power sector in tackling NPAs, create demand: PV Ramesh, REC“We are close to completing electrification of 18,548 villages. Only 1272 more remain unelectrified.”19 Jan, 2018, 01.01 PM IST
- Stock pick of the week: Why analysts are bullish on Rural Electrification CorporationGovernment’s focus on rural electrification, higher margins compared to peers, improving asset quality and the recent price correction has ...01 Jan, 2018, 12.42 PM IST
- REC, IRFC may raise $600 million via dollar bondsBoth these companies have to raise the money in the next 10 days.05 Dec, 2017, 09.15 AM IST
- Quality midcaps presenting good buying opportunitySector-specific, banking space is showing lot of promising pattern breakouts.20 Nov, 2017, 03.54 PM IST
- 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.17 Nov, 2017, 11.26 AM IST
- REC looks to finance manufacturing, coal block developmentRural Electrification Corp chairman PV Ramesh said the company is even considering changing its name to suit its diversification plans.11 Apr, 2017, 12.37 AM IST
- 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.18 Sep, 2012, 08.09 PM IST
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