REC-PFC Merger: Board Meeting Scheduled; What Does It Mean for Investors?
Bengaluru, June 24 -- The shares of a Large-Cap company that specialises in providing comprehensive financial assistance and consultancy services across the entire power sector value chain, are in focus in the day's trade as they plan to consider and approve a proposed merger scheme with Power Finance Corporation Limited at the upcoming board meeting.
With a market capitalization of Rs. 95,612.36 crores in the day's trade, the shares of REC Ltd rose upto 0.9 percent, making a high of Rs. 365.30 per share compared to its previous closing price of Rs. 361.95 per share.
What Happened
REC Ltd, engaged in providing comprehensive financial assistance and consultancy services across the entire power sector value chain, has informed the stock ...
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