The world-renowned broker is bullish about REC as well as PFC. The brokerage is beginning coverage by giving an investment grade of buy. Both stocks have proven to be multibaggers for investors. those who invest in them have received huge profits. In the present, PFC (Power Finance Corporation) ll was trading at Rs 554 (PFC Share Price) with gains in the amount of 2.85 percent on BSE, and REC share was trading at Rs 626 which is an increase of 1.24 percent. It is believed that stocks will provide incredible returns in the coming years and also. However, if you…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
Read More
Indian Renewable Energy Development Agency Limited (NSE: IREDA) announced on 29 August that its board of directors has given in-principle approval to the plan to raise Rs 4500 crore. The company said in the information sent to the stock market that in the meeting of IREDA held on 29 August, the board of directors approved raising funds through equity capital. According to the plan, up to Rs 4500 crore will be raised through FPI, QIP, rights issue, preferential issue, or any such route or in more than one way. The company said that the decision on how much equity will…
Power PSU Stocks to Buy: Amid volatility in the stock market, stocks of power finance companies Power Finance Corporation Ltd (NSE: PFC) and REC Ltd (NSE: RECLTD) are on the rise. A global brokerage has released a report on both these multibagger Power PSU Stocks. The brokerage says that this sector is ready for mid-teen growth going forward. These stocks will benefit from this. The brokerage has started coverage on Power Finance Corporation Ltd, and REC Ltd with a buy recommendation. In the past year, both stocks have offered upwards of 150 percent to investors. The Global Brokerage On PFC,…
NLC India Share: NLC India Ltd (NSE: NLCINDIA) share was in focus today on Thursday. The stock of the company traded at 287.95 rupees with an increase of 4.2 % in the intraday trading on BSE. There is a big announcement behind this rise in shares. The company has announced a new power use agreement in Hyderabad. The agreement with Telangana State Discom is for a 200 MW solar energy project under the CPSU scheme. It will run for 25 years at a competitive and affordable price. What Is The Detail? The solar project is expected to generate around 1,300…
Housing And Urban Development Corp Ltd (NSE: HUDCO): The share of Housing and Urban Development Corp Ltd (HUDCO) gained over 2 percent on the 29th of August. The stock was trading at Rs 292 on the BSE. The state-owned company has received RBI authorization to issue an official certificate of registration for an Infrastructure Finance Non-Banking Finance Company (NBFC). In the wake of this approval, the company has seen a surge in the stock of the firm today. After today’s surge, the market capitalization of the business has risen to Rs 58,625 crore rupees. HUDCO Gets Approval For NBFC-IFC The…