Stock to watch: IndusInd Bank shares in focus as net advances jump 13% YoY, deposits rise 15% in Q2FY25IndusInd Bank reports a 13% year-on-year rise in net advances to Rs 3,56,980 crore for September 2024, and a 15% increase in deposits to Rs...
07 Oct, 2024, 07.57 AM IST
IndusInd Bank Q2 update: Net advances jump 13% YoY to Rs 3,56,980 crore, deposits rise 15%IndusInd Bank reported a 13% YoY increase in net advances, reaching ₹3,56,980 crore, while deposits grew 15% to ₹4,12,704 crore as of Septe...
04 Oct, 2024, 04.35 PM IST
Adani Ports out, REC in: How Bernstein has tweaked its portfolioBernstein has sold Adani Ports, Bharti Airtel, and Axis Bank from its India Model Portfolio, favoring stable stocks like REC, SBI Life, and...
02 Sep, 2024, 02.44 PM IST
Power Finance Corporation net profit rises 24% in June quarter to ₹3,718 crorePower Finance Corporation (PFC) reported a 24% increase in net profit for the quarter ending June, reaching ₹3,718 crore. The company's int...
07 Aug, 2024, 12.47 AM IST
Even for long-term investors, putting more checks and balances is the key: 4 largecap stocks with upside potential of up to 26%While Nifty and Sensex have seen some respite and given the fact that few mega stocks have the ability to push indices even higher, one can...
01 Apr, 2024, 09.36 AM IST
IREDA chief expects navratna status soon, not worried about REC, PFC competition“We are a Government of India company and getting navratna status is the Government of India's process. We are meeting all the criteria and...
12 Dec, 2023, 01.55 PM IST
By 2030, for adding renewable energy, Rs 12 lakh crore will be needed from the NBFC space: IREDA chief"Till 2030, we envisage another 320 gigawatt of capacity addition in the renewable itself will be there. This will require around Rs 30-32 ...
29 Nov, 2023, 04.19 PM IST
Power Finance Corp to boost loans to renewable projectsTo achieve the target, the company's disbursements towards renewable energy projects could go up to Rs 3 lakh crore in the next seven years...
30 May, 2023, 12.43 AM IST
PFC Projects likely to rope in investor partners for stressed power projectsPFC Projects Ltd, an equal joint venture of Power Finance Corporation and REC Ltd, is likely to rope in technical or strategic investor par...
14 Aug, 2022, 03.56 PM IST
PFC net profit up 28% at Rs 4,554 cr in June quarterTotal income in the quarter under review rose to Rs 18,973.93 crore from Rs 16,932.24 crore in the same period a year ago.
13 Aug, 2021, 12.36 AM IST
PFC Q4 results: Co posts multifold jump in net profit to Rs 3,906 croreTotal income of the company rose to Rs 18,155.14 crore in the quarter from Rs 16,254.65 crore in the same period a year ago.
15 Jun, 2021, 05.09 PM IST
Pessimism is high in this space but better don’t ignore itIt could just be the time to nibble at select names from this basket.
17 Apr, 2019, 11.34 AM IST
PFC plans to resolve 20-30% NPAs in 4 monthsThe state-run lender to power projects expects the upcoming acquisition of Rural Electrification Corporation (REC) to help in and expedite ...
18 Feb, 2019, 11.04 PM IST
PFC's NPA issues seen as a blip; stock may get supportPower Finance Corporation (PFC) incurred net loss of Rs 3,400 crore.
07 Jun, 2017, 09.02 AM IST
RBI tightens norms for NBFCs; here’s how it impacts different stocksBig firms would face higher capital norms and tighter provisions. NBFC accepting funds from the public will have to get rated by March 31, ...
12 Nov, 2014, 04.43 PM IST
Investment is more a matter of sentiment than interest rates: Santosh Nayar, IIFCLLike PFC and REC for the power sector, we may need something for road sector and something for port sector and where ever required.
06 Oct, 2014, 09.38 AM IST
- Indian markets may further correct 5-10% from current levels: India Infoline
As far as the valuation de-rating is concerned in terms of a multiple contraction, that seems to be over, says Rajiv Mehta, Research Analys...
25 Aug, 2011, 02.33 PM IST