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Buy PFC, REC, says PN Vijay

If people become stock specific, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) are good candidates, their NPA levels are not that significant and they have escrowing of most of their receivable from state governments and so on. They are not bad companies and be worth a good buy, says PN Vijay, Portfolio Manager.

first published: Mar 14, 2013 10:47 am

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