Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,119.30, while Sensex ended at 73,085.94. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 4,158.05 points below its record high of 26,277.35. Overnight, […]
Stocks To Buy: This analyst sees these two power financier shares rising up to 60% – CNBC TV18
Brokerage firm CLSA has maintained its ‘outperform’ rating on power financier stocks REC Ltd. and Power Finance Corporation Ltd. (PFC), on Friday, February 28. CLSA has a price target of ₹590 apiece on REC, an upside of 56% from its previous closing price and a target of ₹540 per share on PFC, which implies a […]
REC, Adani Green and HAL are among stocks with the highest upside potential from the BSE100 index – CNBC TV18
State-owned REC Ltd and Hindustan Aeronautics Limited (HAL) are the two PSUs from the BSE100 index with the highest upside potential over the next year, according to Bloomberg consensus estimates analysed by CNBC-TV18. Company Value Change %Change According to Street estimates, REC Ltd has a 12-month target price of ₹621 per share, compared to its […]
Adani Energy Solutions gets LoI from REC unit contingent on these conditions – CNBC TV18
Adani Energy Solutions Ltd. has informed the exchanges on Wednesday, December 5, that it has, in ordinary course of business, received a Letter of Intent (LoI) from a unit of state-run REC Ltd. Company Value Change %Change The LoI has been received from the REC Power Development and Consultancy Ltd. for the establishment of Transmission […]
REC, PFC shares have ‘enhanced buying opportunity’, says Bernstein post recent fall – CNBC TV18
Brokerage firm Bernstein remains constructive on shares of state-run power financing companies REC Ltd. and Power Finance Corporation (PFC), despite the fall seen by both these companies on Thursday, owing to fears of REC’s exposure to the Adani Group. REC and PFC shares fell 4% each on Thursday. While shares of REC are down 25% […]
REC raises $500 million via green bond – CNBC TV18
State-owned REC Ltd on Saturday said it has raised $500 million through green dollar bonds to support various renewable energy projects. The five-year note has a coupon rate of 4.75% per annum to be paid semi-annually and the maturity date of September 27, 2029. This is the first US dollar bond issuance from an Indian […]