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EnergyInfrastructureMedium impactAfter close

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.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Feb 2026, 16:04 IST.

Sourcesnews.google.com

The market after the news

PFC closed −1.3% on the day of the news, from ₹415.85 to ₹410.55; Nifty −0.6% over the same session; futures OI −1.7%.

Bulletin at 16:04 IST on 11 Feb 2026. Every change is measured from ₹415.85, the last close before it, on 11 Feb. Nifty 50 is measured over the same sessions.

  • PFC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PFC closes around the bulletin against the close before the news, with Nifty 50 rebased to it380.09415.85451.61axis spans 19%before the news · 11 Feb415.85Nifty 50PFCbulletinD0+1+3+55 Feb17 Feb26 FebFutures open interest, lotspeak 52,000Reference close ₹415.85. 16 sessions from 5 Feb to 26 Feb; the price axis spans 19 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before11 Feb₹415.85basebase
On the day12 Feb₹410.55▼ −1.3%▼ −0.6%−0.7 pp difference
+1 session13 Feb₹400.55▼ −3.7%▼ −1.9%−1.8 pp difference
+3 sessions17 Feb₹416.95▲ +0.3%▼ −0.9%+1.1 pp difference
+5 sessions19 Feb₹409.55▼ −1.5%▼ −1.9%+0.4 pp difference
Gap at the open, % · ₹
▲ +0.5%+2.16 on 12 Feb
Day's range, % · ₹
3.1%≈ 13 high to low
Volume on the day
0.64×the 20-session average
Futures OI on the day
▼ −1.7%−900 lots · long unwinding · price −1.3%
Futures OI open, lots
52,00012 Feb · 24 Feb expiry
Futures premium, ₹
−2.80−0.7% to spot
Puts per call, by OI
0.62from 0.68 the session before
Max pain
395from 395 the session before

Source NSE UDiFF bhavcopy · PFC on the desk →

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