New Document top_band
 
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 NTPC, 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

Stock picking by institutional investors

India's benchmark indices rose about 14 per cent during the April-June period, the best quarterly gain since September 2009. Foreign investors ...

Today's Picks - 31 July 2014

Nifty, Bank Nifty, Cipla, ntpc & HCL Tech

Offshore India funds, ETFs see $294-million inflows in Apr-Jun

There was an outflow of $1 billion during the quarter and a net infusion of $1.29 billion into offshore funds and ETFs

F&O expiry: Nifty ends 70 points lower at 7,721

Markets ended lower following expiry of July F&O contracts and sales by foreign funds

Five takeaways from HCL Technologies numbers

What the profit numbers do not reflect, however, is the huge order wins by the company during the quarter

Back to Top