{
Power Finance Corporation Limited

Companies

}
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001122334455554433221100

brokerages maintain bullish outlook on select stocks amid growth potential

Brokerages are optimistic about select stocks, highlighting strong growth potential and favorable sector trends for the next year. UBS maintains a Buy rating on Power Finance Corporation despite a slight AUM miss, while Jefferies supports Jubilant FoodWorks for its solid sales growth. Siemens is favored for its performance in energy and mobility, despite challenges in the digital segment.
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Power Finance Corporation Limited Siemens Energy AG IND Faith Jefferies
Business & Industry, Market Report
05:45 13.02.2025

Power Finance Corporation denies loan to Shapoorji Pallonji Group

India’s Power Finance Corporation Ltd has declined to extend a $2.4 billion loan to Shapoorji Pallonji Group, jeopardizing the conglomerate's plans to refinance approximately 200 billion rupees in debt. Chairman Parminder Chopra stated that the decision followed due diligence, revealing that this sector was unfamiliar for the government-backed lender.
bloomberg.com
Power Finance Corporation Limited Shapoorji Pallonji Group IND Shapoorji Pallonji Parminder Chopra
Finance & Economy, News Article
10:07 09.11.2024

vodafone idea faces setback as lenders reject long-term loan request

Vodafone Idea faced a setback as Power Finance Corporation (PFC) and Rural Electrification Corp (REC) rejected its request for a Rs 25,000-crore long-term loan. The lenders cited a 'mismatch' with internal guidelines and insufficient collateral, requesting additional corporate guarantees to safeguard against potential defaults.
Moneycontrol
Rural Electrification Corporation Ltd. Gratuity Fund Power Finance Corporation Limited Vodafone Idea Limited IND Show more
Finance & Economy, News Article
07:16 25.10.2024
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