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RURAL ELECTRIFICATION CORP
REC climbs 4% as board set to consider bonus issue on ThursdayThe company said its board “would consider a proposal in respect of issue of bonus shares to company shareholders in a ratio as it may deem...
REC transfers 100pc equity of Vemagiri II project to PowerGridRural Electrification Corp today said that its arm RECTPCL has transferred 100 per cent equity shares of Vemagiri II Transmission Ltd to Po...
REC raises Rs 1,700 crore via 5-year bonds at 9.02%The company was earlier looking to raise over 20 billion rupees, but closed its books at 17 billion rupees, bankers said.
- Buy Rural Electrification Corp with a target of Rs 215: Ashwani Gujral
"Rural Electrification Corp is a 'buy' with a target of Rs 215 and a stop loss of Rs 200."
- Buy Rural Electrification Corp with a target of Rs 207: Sandeep Wagle
"Rural Electrification Corp is a 'buy' with a target of Rs 207 and a stop loss of Rs 192."
Rural Electrification Corp Q2 Net up 16.43% to Rs 1,110.67 croreState-run Rural Electrification Corp today reported 16.43 per cent jump in net profit at Rs 1,110.67 crore for the second quarter ended Sep...
REC plans to raise Rs 5,000 cr via tax-free bondsRural Electrification Corp Ltd (REC) is planning to raise Rs 5,000 crore through issue of tax free bonds.
- REC annual profit surges 35% to Rs 3,832.78 crore
Rural Electrification Corp today reported 35 per cent jump in consolidated net profit at Rs 3,832.78 crore for the year ended March 2013.
- REC quarterly profit surges to Rs 954 crore
State-run Rural Electrification Corp today reported a nearly 53 per cent jump in profit after tax at Rs 954 crore in the three months ended...
- Rural Electrification Corp Q1 profit up 32 per cent at Rs 877 crore
State-run Rural Electrification Corp today reported 32 per cent jump in profit after tax at Rs 877 crore in the first quarter of 2012-13.
- GAIL, REC plan to raise minimum Rs 500 crore each next week
Action will be back on the corporate bond market next week with Gail (India) Ltd and Rural Electrification Corp (REC) planning to raise Rs ...
- REC to sanction Rs 54,600 crore loans in 2012-13
REC would sanction loans worth Rs 54,600 crore during 2012-13 fiscal, around nine cent more than its target for the current fiscal.
- Rural Electrification Corp quarterly profit climbs marginally to Rs 622.87 cr
Rural Electrification Corp (REC) posted a marginal increase in net profit at Rs 622.87 crore for the three months to September.
- NBFCs may continue to steal the show
The power finance majors — Rural Electrification Corp (REC) & Power Finance Corp (PFC) — posted 45% and 26% growth in profit, respectively,...
- REC to borrow Rs 21,000 cr in FY'11
State-owned Rural Electrification Corp would raise Rs 21,000 crore from the market in 2010-11, as part of its resource mobilisation plans.
- Government not to defer plans to sell stakes in PSUs
The government has raised Rs 12,740 crore via divestment in PSUs since May 2009. Check out the top gainers, losers and recommendations from...
- Rural Electrification Corp applies for IPO
Rural Electrification Corporation has filed a Draft Red Herring Prospectus with SEBI for its IPO to raise up to Rs 1,200 crore.