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PFC, REC share price surges over 2% after UBS initiates coverage with Buy rating on the stocks
Shares of REC and PFC surge in trade today after global brokerage firm UBS initiated coverage on the stocks with a Buy rating.
By
Markets Desk
UBS initiates coverage on PFC, REC with Buy rating, expects both stocks to rally over 16%
UBS has initiated coverage on Power Finance Corporation (PFC) and REC Limited, assigning both stocks a "Buy" rating.
By
Markets Desk
REC reports 16.3% growth in Q1 net profit, meets expectations
Government-owned REC reported a 16.3% increase in standalone net profit for the first quarter of fiscal 2025, meeting analysts' estimates
By
Markets Desk
Bangalore metro to get Rs. 3,045 crore finance boost from state owned REC Ltd.
Funding
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Extension of two Phase-I Project routes and the establishment of two new lines from RV Road to Bommasandra and Kalena Agrahara to Nagawara are included in Phase-II.
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