The shares of Power Finance Corporation (PFC) have gained more than 17% in 2026 so far, while those of REC have declined around 9%, with analysts commenting on whether investors should buy the two stocks as the mega merger process of the two PSU non-banking financial companies marches on.
Earlier in February this year, Union Finance Minister Nirmala Sitharaman after presenting the Union Budget, said that the government will restructure Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) in order to streamline operations . The shares of the two companies had sharply jumped following the announcement.
