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Financial Services

Indian Renewable Energy Development Agency Limited

NSE: IREDA | Information Technology

โ‚น127.45
-0.77% Today

Market Fundamentals

Market Cap
โ‚น35,804 Cr
P/E Ratio
N/A
Dividend Yield
0.00%
52W High
โ‚นN/A

Stock Intelligence & News

Economic Times Marketsโ€ข2026-06-30

PFC-REC merger: Which stock should you buy before the mega demerger creates Rs 11 lakh cr power financing giant

Power Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 lakh crore loan book. The combined entity is poised to capitalize on the ongoing power sector capital expenditure cycle, including renewable energy and transmission projects. Analysts suggest the merger offers strategic advantages and improved capital allocation, positioning the new giant for significant growth.

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