{"id":614493,"date":"2023-11-03T09:38:42","date_gmt":"2023-11-03T04:08:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=614493"},"modified":"2023-11-03T10:28:53","modified_gmt":"2023-11-03T04:58:53","slug":"rec-rallies-9-on-highest-ever-quarterly-profit-in-q2-pfc-surges-7-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rec-rallies-9-on-highest-ever-quarterly-profit-in-q2-pfc-surges-7-2\/","title":{"rendered":"REC rallies 9% on highest-ever quarterly profit in Q2; PFC surges 7%"},"content":{"rendered":"<p>Shares of REC Ltd hit a new high of Rs 307.35, as they rallied 9 per cent on the BSE in Thursday\u2019s intra-day trade after the company posted its highest-ever quarterly profit at Rs 3,773 crore during the second quarter of the financial year 2023-24 (Q2FY24). The profit was up 28 per cent over corresponding period in financial year 2022-23. The stock of state-owned power sector financing company surpassed its previous high of Rs 299.10 touched on October 16. Meanwhile, shares of Power Finance Corporation (PFC) too hit a new high of Rs 259.25, surpassing its earlier high of Rs 258.15 touched on October 16.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of REC Ltd hit a new high of Rs 307.35, as they rallied 9 per cent on the BSE in Thursday\u2019s intra-day trade after the company posted its highest-ever quarterly profit at Rs 3,773 crore during the second quarter of the financial year 2023-24 (Q2FY24). The profit was up 28 per cent over corresponding period in financial year 2022-23. The stock of state-owned power sector financing company surpassed its previous high of Rs 299.10 touched on October 16. Meanwhile, shares of Power Finance Corporation (PFC) too hit a new high of Rs 259.25, surpassing its earlier high of Rs [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-614493","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=614493"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614493\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}