PFC & REC Merger Approved | Bargaining Power Will Increase Post The REC-PFC Merger: Bernstein

Описание: Merger Approved | Boards Of PFC & REC Give In-principle Nod For Restructuring

Nikhil Nigania of Bernstein to CNBC-TV18
PFC-REC merger is not straight forward
Unsure if merger is positive for REC shareholders but it is a positive for PFC
Remain positive on power grid cos but don’t see a massive upside

#pfc #rec #mergerdeal #restructuringdeal #pfcrally #recsharesrally #pfcrecmerger #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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