MSCI Rejig: HDFC AMC, PFC likely to join MSCI club; check out the probable inclusions & exclusions
Take a look at MSCI index's probable fresh inclusions and exclusions
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Take a look at MSCI index's probable fresh inclusions and exclusions
On July 4, 2023 HRRL executed a loan agreement under a consortium arrangement for Rs 48,625 crore, wherein the share of PFC Ltd was Rs 9,187 crore. HRRL is a Joint Venture (JV) between Hindustan Petroleum Corporation Ltd (HPCL) and the Rajasthan government. HPCL holds 76 per cent in the JV, while the Rajasthan government holds the remaining 26 per cent stake.
HPCL Rajasthan Refinery Limited (HRRL) is setting up a green field refinery-cum-petrochemical complex in Barmer district, Rajasthan, at a project cost of ₹ 72,937 crore.
Petrofac (LON:PFC – Free Report)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a report issued on Monday, Digital Look reports. They currently have a GBX 80 ($1.02) price objective on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 1.23% from the stock’s […]
The stock of this company has gained a substantial upside of 38% over the last three months. Recently, the price failed in its attempt to close above the June peak. The candle formed at the top resembles a Spinning Top, which suggests a lack of confidence in the ongoing trend. The lack of participation is visible in the volume.