Power Finance Corporation and REC stocks have surged over 22 per cent each, compared to a 9 per cent increase in the Nifty50 index
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
Dividend stocks today: Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend tomorrow
Stocks to buy: Ajit Mishra of Religare Broking recommends buying BPCL, Indus Towers, and REC; also suggests Nifty trading strategy
Stocks to Watch today, February 2, 2026: Here are some of the top stocks to remain in focus today as the markets open after the presentation of Budget 2026
State-owned REC Ltd on Thursday said its consolidated net profit dipped slightly by 0.58 per cent to Rs 4,052.44 crore in the December quarter of FY26, mainly due to higher expenses. The company recorded a consolidated net profit of Rs 4,076.35 crore in the year-ago quarter ended December 2024, a regulatory filing showed. Total expenses rose to Rs 9,903.89 crore in the reporting quarter from Rs 9,105.94 crore in the same period a year ago. Total income also rose to Rs 15,058.60 crore in the quarter from Rs 14,286.91 crore a year ago. The board also approved the third interim dividend at 46 per cent (Rs 4.601 per equity share of face value of 10 each) for 2025-26. The record date for the dividend payment is February 6, and the payment shall be paid on or before February 27.
Stocks to buy for 2026: Analysts believe that valuations are turning attractive for RECL and PFC along with a healthy dividend yield at play.
Analyst at Choice Broking cautions against bottom-fishing, and instead recommend a wait & watch approach for a potential trend reversal.
Coal India leads the list with a dividend yield of 7 per cent, making it the most attractive dividend play among government-backed companies
In the past one month, the BSE 500 index has underperformed the market by falling nearly 1 per cent, as compared to 1.3 per cent rise in the BSE Sensex.