Why Rajesh Palviya Of Axis Securities Is Bullish On PFC And REC With A Revised Target?

Power finance stocks like PFC and REC are emerging as strong contenders for investors seeking growth opportunities in the Indian equity markets. With solid financials, strategic importance in the power sector, supportive government policies, and attractive valuations, these stocks offer a compelling investment case. Rajesh Palvia’s bullish outlook and revised target prices further underscore the potential upside in these stocks, making them a good buy for those looking to capitalize on the ongoing developments in India’s power sector. However, as with any investment, it’s important for investors to conduct their own research and consider their risk tolerance before making decisions.