The Union Cabinet may consider a proposal for sale of 52.63% stake in REC Limited (NSEI:RECLTD) to Power Finance Corporation Limited (NSEI:PFC) for about INR 150 billion, at a hefty premium of 36% over the current market price.
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5-day change | 1st Jan Change | ||
516.6 INR | -7.39% | +11.58% | +25.13% |
05-06 | India state-owned lenders slide as regulator mulls bigger provisions for project loans | RE |
05-06 | INDIA STOCKS-Indian shares edge up, with IT gains battling state-run banks' drop | RE |
EPS Revisions
1st Jan change | Capi. | |
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+25.13% | 17.61B | |
+14.43% | 19.01B | |
+8.79% | 9.64B | |
-10.36% | 8.6B | |
+5.98% | 6.47B | |
+67.56% | 5.79B | |
-1.30% | 5.01B | |
+62.35% | 4.45B | |
0.00% | 4.23B | |
+0.33% | 3.34B |
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- Government Reportedly Sell Stake In REC To Power Finance Corporation