Page 39 - Rec News Today

Charlottesville Parks & Recreation is still looking for volunteers for a tree planting event Saturday, April 6.

Russian Export Center (VEB.RF Group) participated in International Forum "Atomexpo-2024"

Indian state-owned companies stocks surged in FY24, outperforming mid- and small-cap stocks. BSE PSU index nearly doubled, boosted by govts capex spending hike and anticipated BJP victory. Railway, power, defence, and oil sectors also showed impressive gains.

A mulcher was used Thursday, March 28, to help root out multiple plants.

Within largecaps, top gainers include Bharat Heavy Electricals (206%), REC (270%), Power Finance Corporation (191%), Trent (194%), Zomato (217%) and Adani Green Energy (199%).

Government-owned power sector financier, REC Ltd, has signed an agreement with the Rajasthan government to provide up to Rs 1.2 lakh crore over six years for power and infrastructure-related projects. REC will finance up to Rs 20,000 crore annually for a period of six years across power and non-power infrastructure sectors.

Berger Paint price surged 4.49%, and open interest saw an increase of 8.76%. REC stock rose 2.54%, and the open interest saw an increase of 13.56%.

In the past one year, PSU stocks have jumped 100%. And over the last decade, they have gone through a complete cycle of valuation. So, will PSU stocks do well from here onwards? The price-to-book value of PSE Index is back to 2014 levels where chances are that ROEs, which are currently at their peak, may fall.

Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up

Well-known players within Nelson Mandela Bay ANC circles have aligned themselves with the uMkhonto weSizwe Party championed by former president Jacob Zuma.