PFC–REC merger expected to enhance operational synergies
after close1 source ↓written by the desknot a recommendation
Motilal Oswal Financial Services retained its ‘Buy’ rating on Power Finance Corporation Ltd and REC Ltd, despite mixed Q3 results. The proposed PFC–REC merger aims to create operational synergies by rationalizing overlapping functions and enhancing bargaining power with lenders. This merger could position the combined entity as a dominant power financier, improving competitive dynamics in the sector.
Not investment advice. For informational purposes only.