Companies like REC Ltd. and Power Finance Corporation (PFC) Ltd. will have no impact on their profitability due to the draft RBI guidelines on project financing, brokerage firm CLSA wrote in its note. The overall impact, according to CLSA, will be on their capital adequacy ratios, the brokerage wrote in its note. CLSA said that …
Shares of REC Ltd., Power Finance Corporation Ltd. (PFC) are down as much as 12% on Monday and have given up most of the gains they made last week. Both stocks had hit a record high in the week gone by. The move comes after Reserve Bank of India’s draft guidelines on project financing, which …
Nifty heavyweights HDFC Bank, Jio Financial Services and Adani Power will be in focus ahead of the Thursday rejig in Nifty indices. These stocks are expected to be among the biggest beneficiaries of the latest semi-annual adjustment exercise that could trigger cumulative inflows of over $650 million, according to estimates by Nuvama. HDFC Bank will …
New Delhi: State-owned REC Ltd’s arm REC Power Development and Consultancy Ltd and Bharat Heavy Electricals Ltd (Bhel) have entered into a partnership to develop renewable energy projects across the country. The companies would set up a special purpose vehicle (SPV) to develop renewable energy projects for supply to discoms. “The SPV will be benefitted …
Following are the top ten stocks that are likely to be in news on Tuesday: Infosys: India’s second-largest IT services company on Monday said Nilanjan Roy, its chief financial officer has tendered his resignation. Jayesh Sanghrajka, a member within the company, will be taking over the role. Roy chose to resign to pursue personal ambitions …
REC Share Price: सार्वजनिक क्षेत्र की नॉन-बैंकिंग फाइनेंस कंपनी आरईसी (REC) के शेयर में 1 दिसंबर 2023 (शुक्रवार) को ऑल-टाइम हाई पर पहुंचा. कारोबार के दौरान 52 हफ्ते के नए शिखर 382.70 रुपये का भाव टच किया. महारत्न कंपनी (Maharatna Company) ने शेयर बाजार को बताया कि चालू वित्त वर्ष में अप्रैल-नवंबर के दौरान उसका …