Power Finance Corporation Ltd News

PFC hits 52-week high, REC extends gains, up 5%; analyst sees more upside

Power Finance Corporation and REC stocks have surged over 22 per cent each, compared to a 9 per cent increase in the Nifty50 index

Dividend, bonus issue: PFC, 4 others to remain in focus; do you own any?

Power Finance Corporation will pay an interim dividend of ₹3.25 per share to its shareholders, with the record date also falling on March 23

Dividend, bonus, stock-split: Vedanta, PFC, 10 others go ex-date next week

Here is the complete list of stocks that will remain in focus next week as they go ex-date following their corporate announcements, such as dividends, bonus issues, and stock-split

Stocks to buy: Aether, Premier Energies among analyst's top bets; check TP

Stocks to buy: Kunal Kamble of Bonanza suggests buying these three stocks today; check analysis

Power Finance Corporation stock soars 4%; Motilal Oswal sees more upside

Analysts at MOFSL believe the merger of PFC and REC should deliver meaningful operating synergies through the rationalization of overlapping functions and stronger bargaining power with lenders.

Nifty PSE at 52-wk high, eyes new peak; Charts hint 10% upside in 3 stocks

PSE stocks have rallied up to 19% thus far in CY26, and up to 45% so far in FY26. Anand James of Geojit Investments expects BPCL, IOC and PFC to gain another 10% from current levels.

Further downside ahead for Nifty? Here's today's outlook and top picks

Ajit Mishra of Religare Broking recommended Glenmark Pharmaceuticals, TVS Motor Company, and Power Finance Corporation for Thursday's session

PSBs, power stocks lift BSE PSU index by 11% in 1 month, near record high

The BSE PSU index hit a fresh 52-week high of 22,583.56 in Wednesday's intra-day trade, inching towards its all-time high level of 23,018.87 on August 1, 2024

Govt forms high-level committee to monitor progress of PFC-REC merger

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger

Merger involving $61 billion of debt seen aiding India's credit market

The government will merge state-run PFC and REC, a move fund managers say could channel more capital into major corporates and large power projects

PFC, REC say merger transition smooth; merged firm to have 20% exposure cap

Power financiers say post-merger single-entity exposure limit will be 20%, expect adequate headroom for borrowings and smooth transition

PFC-REC merger explained: What it means for investors & key scenarios ahead

The PFC-REC merger is a structural consolidation, not a business overhaul. Here's what it means for investors, government stake rules and possible execution scenarios

PFC board clears merger with REC to boost scale, efficiency of NBFCs

Power Finance Corporation's board has approved an in-principle merger with subsidiary REC Ltd, following the government's Budget push to restructure public sector NBFCs

PFC approves in-principle merger proposal with REC after Budget 2026 push

PFC's board has approved an in-principle merger with REC after the Budget 2026 proposal to restructure the two public-sector NBFCs. The merger details are yet to be finalised

Power Finance Corp Q3FY26 results: Net profit rises 6% to ₹8,212 cr

State-owned Power Finance Corporation on Thursday posted a nearly 6 per cent rise in consolidated net profit to Rs 8,211.90 crore for the quarter ended December, aided by higher income. It had reported Rs 7,759.56 crore "profit for the year ago period from continuing and discontinued operations," the company said in an exchange filing. The company's total income rose by about 9 per cent to Rs 29,140.57 crore in the third quarter from Rs 26,821.84 crore in the corresponding period of preceding financial year. In April-December, the company's profit after tax increased 13 per cent to Rs 25,028 crore from Rs 22,157 crore in FY25. Consolidated Loan book stood at Rs 11,51,407 crore as on December 2025, higher from Rs 10,69,436 crore at the end of 2024. On a standalone basis, PFC's net profit rose 15 per cent to Rs 4,763 cr in Q3 FY26, from Rs 4,155 crore in Q3 FY25. PFC reported 13 per cent in loan asset book to Rs 5,69,627 crore as on December 2025, from Rs 5,03,824 crore as of Decem

Govt likely to consider merger of state-run financiers PFC and REC

Following the announcement, shares of the two entities surged up to 6% on Sunday's special trading session

PFC launches third public NCD issue, eyes ₹5,000 crore fundraising

Power Finance Corporation (PFC) on Thursday launched its third public issue of secured, redeemable non-convertible debentures, with Chairperson and Managing Director Parminder Chopra calling the strong investor response to its earlier bond offerings a clear vote of confidence in the power sector. Chopra said the sector remains a fundamental pillar of India's growth and self-reliance, with PFC acting as the key financial enabler of the transition. The company plans to raise up to Rs 5,000 crore through the public NCD issue, which comes after nearly 30 months, with a base issue size of Rs 500 crore and a green-shoe option to accept oversubscriptions up to the full amount. The public NCD issue the company's third such offering and the first zero coupon public bond issue by a PSU in the current calendar year is set to open for subscription on January 16 and run through January 30. Chopra noted that previous issues were subscribed more than five times. This third issue reflects matur

PFC plans to raise up to ₹5,000 crore through public issue of NCDs

Power Finance Corporation plans to raise up to ₹5,000 crore via a public NCD issue, offering up to 7.30% returns and targeting retail investors

Here's why Power Finance Corporation shares were ruling higher on Jan 12

The northward movement in the state-owned NBFC share price came after the company announced that its board has considered and approved the public issue of NCDs of worth ₹500 crore

CPSE stocks in demand: BHEL, CIL, Nalco, NMDC surge up to 7%; here's why

At 01:37 PM; the BSE CPSE index was up 1.83 per cent, as compared to 0.58 per cent rise in the BSE Sensex on Friday.