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REC surges 10% as PFC acquires government stake in company

Updated : March 25, 2019 02:56 PM IST

REC and Power Finance Corporation (PFC) rallied on Monday after PFC announced the acquisition of the government's 52.63 percent paid-up share capital in REC
REC hit a 52-week high of Rs 155 per share, up 10 percent while PFC rose as much as 7.2 percent to Rs 121.40 intra-day on the BSE.
REC surges 10% as PFC acquires government stake in company

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