Business Standard

Power Finance Corp up 3%

Read more on:    Ntpc | Power Grid | Power Finance Corp
Related News

The stock gained 3.2 per cent to Rs 253.80 after the company announced that it entered a joint venture agreement with , Corporation of India and Rural Electrification Corporation for formation of a public limited company.

The aforesaid agreement has been signed for incorporating a joint venture company with equal equity contribution (25 per cent each) from all the four PSUs. The joint venture company will carry out the business of energy efficiency, energy conservation and climate change.

Read more on:   
|
|

Quick Links

 

Market News

Nickel down 0.6% on subdued spot demand

Analysts said the fall in nickel prices at futures trade was mostly in tandem with a weakening trend in the domestic spot markets

Silver down 1.2% on lower global trend

Metal for delivery in July declined sharply by 1.18%

Copper down 0.1% on weak global cues

Metal for delivery in June traded lower by 0.12%

Gold down 0.7% on weak global cues; profit-booking

Metal for delivery in August shed 0.5%

Crude oil down 0.1% on weak Asian cues

Trading sentiment weakened at futures trade as crude prices were down in subdued post-holidays Asian trade

Back to Top