Power Grid Corporation of India532898Power transmission and
Analyst suggested Power Grid Corporation as an investment idea amid PFC-REC merger discussion, though his firm had dropped coverage
By ScoutQuest · · 1 min read
Heard on business television between 11:08:07 - 11:11:07 IST.
- Discussion arose from a viewer query on PFC/REC after the Finance Minister mentioned a possible PFC-REC merger on budget day.
- Gourang said both PFC and REC stocks ran up post the announcement and then consolidated.
- He suggested Power Grid Corporation, into transmission and distribution, as a similar investment idea.
- He noted his firm's targets were in place but they had since dropped coverage on the stock.
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