Rec Pfc Ntpc News Today

"My call was that on the trading side, REC, PFC, NTPC look fully stressed. I continue to reiterate that Tata Power is the best stock to buy along with IEX. These are both in our portfolio. But in others, there is no room for comfort. Like you said, they are hitting new highs, no running away from the fact. "

“In the loan book of REC, PFC, renewables are largely driving the growth. Renewables by nature are much less riskier to invest in or to lend to than a thermal plant or a hydro plant or a biomass based plant and, hence the risk of NPAs to these entities are much lesser. Book value of PFC, REC is between 1.3 and 1.5 times vs IREDA which is almost two times book value.”