Power Finance Corporation Shares
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Power Finance Gains After Reporting Rs 8,444 Crore Profit In March Quarter
Power Finance Share Price: On Wednesday, Power Finance Corporation opened on the BSE at Rs 129.30, swinging to an intra day high of Rs 132.85, and an intra day low of Rs 128.50, so far
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Trading Calls: Buy Tata Motors, Power Finance Corporation, Says Expert
Indian banking shares soared on Wednesday, sending indices to record highs. Gains came a day after the Cabinet approved a Rs. 2.11-lakh-crore plan to recapitalise its state banks over the next two years.
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Trading Calls: Buy TVS Electronic, PFC, Karnataka Bank, Say Experts
The BSE Sensex fell over 150 points in early morning trade tracking weak Asian shares. However, energy stocks were up tracking a surge in global oil prices.
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Power Finance Corp Recommends 1:1 Bonus Share Issue
Power Finance Corp on Thursday said its board has approved issuing one bonus share for every equity share held by shareholders and increasing authorised share capital of the firm to Rs 10,000 crore from Rs 2,000 crore.
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Power Finance Corporation Rises 3.5% On Bonus Shares Plan
Power Finance Corporation shares rose by over 3.5 per cent today after the company said its board will consider issue of bonus shares on July 14 as per capital restructuring guidelines by the government.
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PFC Acquires 23% In Shree Maheshwar Hydel Power Corp
In the wake of loan default worth Rs 700 crore, Power Finance Corp on Thursday said it has acquired over 23 per cent stake in Shree Maheshwar Hydel Power Corp by invoking pledged shares and partially converting debt into equity.
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PFC May Buy Government's Share in NHPC: Report
Centre has set a target of raising Rs 69,500 crore via disinvestment this fiscal.
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Nalco Revives $2 Billion Iran Smelter Plan as Sanctions End
National Aluminium Company (Nalco) will soon send an official team to Iran to explore setting up a smelter complex worth about $2 billion, its boss said, as world powers lift sanctions on Iran that had made negotiations difficult.
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PFC Declares Rs 8.8/Share Dividend, Government to Gain Rs 787 Crore
State-owned Power Finance Corporation on Wednesday declared an interim dividend of Rs 8.80 per share for 2015-16, which will fetch Rs 787.53 crore to the government.
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PFC Surges 10% on Buzz of Cabinet Meet on Discom Loan Recast
Shares of government-owned power sector lenders Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) surged today after Press Trust of India reported that the Cabinet is likely to meet this week to consider a proposal to recast Rs 4.3 lakh crore loans of nine state power distribution companies.
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Infosys Launches Solutions for Small Finance, Payments Banks
A dominant player in the banking solutions space, Finacle has 70 per cent share of the top 40 banks in India. It also powers over 100 cooperative banks in India.
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Government Set to Raise Rs 1,678 Cr From Power Finance Stake Sale
The government is set to raise about $260 million from sale of a 5 per cent stake in Power Finance Corp Ltd, after the share auction received bids for more than twice the number on offer.
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Power Finance Corporation Falls 2% on FPO
The government has set a floor price of Rs 254 in the Power Finance Corporation follow-on offer, a discount of 2.7 per cent from Friday's closing price of Rs 261 on the Bombay Stock Exchange.
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Private Firms to Bid for Transmission Projects Next Week: Report
Power Grid Corporation of India (PGCIL) with over 95 per cent market share is a monopoly, an executive of a private power company said.
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PFC Share Sale Likely Next Week: Report
The government is likely to sell a 5 per cent stake in both Power Finance Corporation Ltd (PFC) and Dredging Corporation of India Ltd as it races to narrow its fiscal gap to a targeted seven-year low by March, when the financial year ends.
-
Power Finance Gains After Reporting Rs 8,444 Crore Profit In March Quarter
Power Finance Share Price: On Wednesday, Power Finance Corporation opened on the BSE at Rs 129.30, swinging to an intra day high of Rs 132.85, and an intra day low of Rs 128.50, so far
-
Trading Calls: Buy Tata Motors, Power Finance Corporation, Says Expert
Indian banking shares soared on Wednesday, sending indices to record highs. Gains came a day after the Cabinet approved a Rs. 2.11-lakh-crore plan to recapitalise its state banks over the next two years.
-
Trading Calls: Buy TVS Electronic, PFC, Karnataka Bank, Say Experts
The BSE Sensex fell over 150 points in early morning trade tracking weak Asian shares. However, energy stocks were up tracking a surge in global oil prices.
-
Power Finance Corp Recommends 1:1 Bonus Share Issue
Power Finance Corp on Thursday said its board has approved issuing one bonus share for every equity share held by shareholders and increasing authorised share capital of the firm to Rs 10,000 crore from Rs 2,000 crore.
-
Power Finance Corporation Rises 3.5% On Bonus Shares Plan
Power Finance Corporation shares rose by over 3.5 per cent today after the company said its board will consider issue of bonus shares on July 14 as per capital restructuring guidelines by the government.
-
PFC Acquires 23% In Shree Maheshwar Hydel Power Corp
In the wake of loan default worth Rs 700 crore, Power Finance Corp on Thursday said it has acquired over 23 per cent stake in Shree Maheshwar Hydel Power Corp by invoking pledged shares and partially converting debt into equity.
-
PFC May Buy Government's Share in NHPC: Report
Centre has set a target of raising Rs 69,500 crore via disinvestment this fiscal.
-
Nalco Revives $2 Billion Iran Smelter Plan as Sanctions End
National Aluminium Company (Nalco) will soon send an official team to Iran to explore setting up a smelter complex worth about $2 billion, its boss said, as world powers lift sanctions on Iran that had made negotiations difficult.
-
PFC Declares Rs 8.8/Share Dividend, Government to Gain Rs 787 Crore
State-owned Power Finance Corporation on Wednesday declared an interim dividend of Rs 8.80 per share for 2015-16, which will fetch Rs 787.53 crore to the government.
-
PFC Surges 10% on Buzz of Cabinet Meet on Discom Loan Recast
Shares of government-owned power sector lenders Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) surged today after Press Trust of India reported that the Cabinet is likely to meet this week to consider a proposal to recast Rs 4.3 lakh crore loans of nine state power distribution companies.
-
Infosys Launches Solutions for Small Finance, Payments Banks
A dominant player in the banking solutions space, Finacle has 70 per cent share of the top 40 banks in India. It also powers over 100 cooperative banks in India.
-
Government Set to Raise Rs 1,678 Cr From Power Finance Stake Sale
The government is set to raise about $260 million from sale of a 5 per cent stake in Power Finance Corp Ltd, after the share auction received bids for more than twice the number on offer.
-
Power Finance Corporation Falls 2% on FPO
The government has set a floor price of Rs 254 in the Power Finance Corporation follow-on offer, a discount of 2.7 per cent from Friday's closing price of Rs 261 on the Bombay Stock Exchange.
-
Private Firms to Bid for Transmission Projects Next Week: Report
Power Grid Corporation of India (PGCIL) with over 95 per cent market share is a monopoly, an executive of a private power company said.
-
PFC Share Sale Likely Next Week: Report
The government is likely to sell a 5 per cent stake in both Power Finance Corporation Ltd (PFC) and Dredging Corporation of India Ltd as it races to narrow its fiscal gap to a targeted seven-year low by March, when the financial year ends.
