Pfc

The company's board declared an interim dividend of Rs 3.70 per share of face value of Rs 10 each for FY26.

Softer RBI project finance norms offers relief to lenders, shares of IREDA, PFC, REC, others rally up to 4%

Experts said the RBI's guidelines are positive for project finance lenders and remove the overhang caused by the May 2024 draft directions.

Gensol loan recovery: PFC may opt for DRT even as IREDA moves NCLT

With over Rs 977 crore in sanctioned loans, Gensol Engineering is facing intensified recovery proceedings from lenders amid widening financial and governance lapses.

Gensol Engineering now under EoW lens as lender PFC files complaint

Power Finance Corporation Ltd (PFC) said it is exploring all possible options to recover an outstanding principal amount of Rs 307 crore from Gensol Engineering Ltd.

Regulatory gaps, poor oversight delay action in Gensol scandal

The Gensol Engineering fiasco lays bare a glaring lack of coordination among regulators, rating agencies, and financial institutions. Despite early warning signs and complaints, decisive action came only after defaults and document falsification were exposed.

REC, PFC shares rally up to 3% after Macquarie rates 'Outperform', says structural story intact

The Macquarie note said that the recent fall in stock prices were driven by weak sentiment in PSU shares, but concerns over decline in growth, rising competitive intensity and softer demand for power are overblown.

Trade Spotlight: How should you trade Hindalco, InterGlobe Aviation, Kotak Mahindra Bank, PFC, Crompton Greaves Consumer, and others on March 6?

The market needs to record a strong follow-up rally to confirm the change in trend. Until then, it seems to be in a consolidation phase. Below are some trading ideas for the near term.

Power Finance Corporation shares jump nearly 4% on robust Q3 show

PFC share price: he management anticipates a strong recovery in the final quarter, with resolution processes for three projects, including KSK Mahanadi, nearing completion.

REC, PFC shares gain 5% on KSK Mahanadi resolution, ICICI Securities initiates with 'buy'

REC and PFC are among the largest lenders to KSK Mahanadi, with exposures of Rs 2,727 crore and Rs 3,428 crore, respectively.

Bernstein remains optimistic on REC and PFC over financing renewable projects

Despite market volatility, Bernstein remains optimistic on both PFC and REC and sees an enhanced buying opportunity in the recent correction in their stock prices.

Gainers & Losers: 10 stocks that moved the most on August 29

The two benchmarks fell prey to profit booking which pulled the indices off the record highs, touched earlier in the session. The broader market lagged behind the headline indices as the smallcap and midcap indices closed in the red.

UBS initiates 'buy' on PFC, REC stocks, forecasts robust returns and loan growth

UBS has initiated 'buy' calls on PFC and REC, citing strong growth prospects driven by renewables and infrastructure investments, with target prices set at Rs 670 and Rs 720, respectively.

Brokerage Radar: Power Financiers attract bullish calls, but Paytm sees neutral ratings

Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes Paytm, HCLTech, Vodafone Idea, AU Small Finance Bank and Aptus Value Housing, along with sectors like power financiers.

Tata Power gets LoI from PFC Consulting to acquire SPV in Odisha

In an exchange filing, Tata Power said it "has received a Letter of Intent (LoI) from PFC Consulting to acquire Paradeep Transmission Ltd, a project special purpose vehicle (SPV)."

PFC stock gains for 5th straight day; govt appoints Sandeep Kumar as Director (Finance)

Government-owned entities like PFC classified as CPSE operating under the Ministry of Power play a vital role in financing projects across the entire power sector value chain, encompassing activities from power generation to distribution, said Elara Securities in an earlier report.

Trade Spotlight: How should you trade ICICI Prudential, M&M, KFin Tech, DLF, PFC, and others on Thursday?

The Nifty 50 may march towards 24,500 if it holds 24,200, with support at 24,000. Here are some trading ideas for the near term.

PFC, REC soar 4% on 'buy' rating from Bernstein; up to 23% upside seen in power financier stocks

REC has delivered multibagger returns of 224 percent in one year, more than quadrupling investors' money. Meanwhile, PFC stock has delivered handsome returns of around 186 percent during this period.

Brokerage radar: ICICI Lombard gets an upgrade, focus on HDFC Bank, power finance cos

Our coverage includes updates on the power finance sector as well as individual stocks like HDFC Bank, Avenue Supermarts and ICICI Lombard.

PFC signs agreement with CVPPPL for Rs 1,870 cr loan agreement

The CVPPPL is a 51:49 per cent Joint Venture of NHPC LTD and Jammu And Kashmir State Power Development Corporation Limited (JKSPDC), Power Finance Corporation (PFC) said in a statement.

PFC legal advisors green light SP loan against Tata Sons shares

SP Group had initially begun talks with lenders to secure $1.2 billion to refinance a part of its Rs 20,000 crore debt originally maturing in the last week of May

Keen on green hydrogen but not looking at lending till it becomes commercially viable: PFC

In FY2024, PFCs renewable portfolio rose over 25 percent on a year-on-year basis to Rs 60,000 crores.

Examining RBI's draft on project financing, see no impact on profitability, says Power Finance Corp

PFC added that they have not seen major defaults from state Discoms, and the company is not facing any issue regarding realisation of dues.

PFC, REC partly recoup losses as regulatory concerns ease

The non-stop rally in these stocks has made them more vulnerable to bad news, explaining their sharp reaction, traders said.

REC, PFC to see minimal impact from RBI draft norms, says CLSA; stocks make mild recovery

CLSA believes higher provisions will only impact PFC's and REC's impairment reserves and won't drag down their profits

REC, PFC, IREDA shares fall up to 11% as RBI proposes tighter project finance rules

PFC has gained over 240 percent in the last one year, while REC has gained over 300 percent. Meanwhile, IREDA has surged 187 percent in just the last six months.