Power Finance Corporation Ltd News

Bernstein, Macquarie rejig India stock portfolio as West Asia tensions ease

While retaining HDFC Bank, Bernstein has added Axis Bank to its portfolio amid hopes of an improvement in asset quality and a more favourable trajectory for credit costs.

Stocks to Watch today: IRFC, Yes Bank, Ola, NLC India, Bajaj Auto, Infosys

Stocks to Watch today: IRFC, Yes Bank, Ola Electric, Bajaj Auto, Infosys, Tech Mahindra, City Union Bank, Rajesh Exports, PFC, Honasa Consumer are among other stocks that will be in focus today.

Stocks to Watch today: Lenskart, ZEEL, REC, PFC, Eternal, Airtel and more

Stocks to watch today: Lenskart, Zee Entertainment, REC, PFC, Eternal, Airtel, Tata Consumer Products, Vascon Engineers, Nuvama Wealth, Rajesh Exports, among others, will be in focus today.

President Murmu approves merger of REC with Power Finance Corporation

The President has approved the merger of REC Ltd with Power Finance Corporation, nearly seven years after PFC acquired the government's majority stake in REC. In March 2029, state-owned PFC completed the acquisition of the government's majority stake of 52.63 per cent in REC Ltd for Rs 14,500 crore. According to a regulatory filing by the REC, the Ministry of Power, vide its letter dated June 10, 2026, has conveyed the approval of the Competent Authority (President of India) in respect of the aforesaid proposal (merger of REC into PFC). On May 16, the Board of Directors at its meeting reserved the proposal for the merger of REC into PFC in view of approval of the proposal by the President of India. Upon the merger being duly approved under the applicable law and being made effective, all the assets and liabilities of the REC will be transferred to PFC, and REC will stand dissolved in accordance with the provisions of Sections 230-232 of the Companies Act 2013, REC had said. Financ

Indian Bank, Phoenix Mills among stocks to buy post RBI Policy: Teji Mandi

Jatin Gedia of Teji Mandi reckons that Indian Bank, Phoenix Mills and PFC have found support at their respective 200-DMAs and look ripe for further upside, according to technical charts.

PFC stock eyes breakout, can gain up to 11%; Bajaj Broking explains why

Power Finance Corporation's share price is at the cusp of generating a breakout above the falling trendline joining the last 2 months' highs, says Bajaj Broking.

V Packirisamy appointed PFC Director (Commercial), effective June 2

The government has appointed V Packirisamy as Director (Commercial) at Power Finance Corporation Limited (PFC), effective June 2, a statement said on Tuesday. He was serving as Executive Director, Entity Appraisal & IT, PFC, the company said in an exchange filing. Packirisamy brings over three decades of extensive experience in the power sector and infrastructure finance. He holds a BE (Mechanical) and an MTech (Management and Systems) from IIT Delhi. The official began his professional career in 1989 and joined PFC in 1997. Over the years, he played a pivotal role in expanding the organisation's operations and strengthening its appraisal and risk management frameworks, significantly contributing to the growth of PFC's loan portfolio. He has been instrumental in several key institutional initiatives, including the development of methodologies for categorising state generation and transmission utilities, formulation of the Integrated Rating Framework for Power Distribution ...

Stocks to watch today: Tata Steel, SAIL, ITC Hotels, Power Grid, Coal India

Stocks to Watch today, May 18, 2026: Tata Steel, Adani Ports, Coal India, SAIL, and Balrampur Chini are some of the key stocks to watch today

PFC Q4 results: Profit rises 24% to ₹6,315 crore aided by lower expenses

CEO concerned over lower group exposure norms post elevation to upper layer

PFC shares rise 3% as Q4 results, dividend announcements lift sentiments

Investor sentiment was further boosted by the company's dividend announcement for shareholders

'Sell in May' not a good approach in 2026, says tech analyst Ajit Mishra

Nifty may remain rangebound in near-term; investors may prefer a calibrated strategy - staying invested while selectively booking profits in overheated stocks, says Ajit Mishra of Religare Broking.

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