PFC share price continued with its recovery on Thursday as the PSU counter closed 2.26 percent higher. PFC stock touched intraday high at Rs 408.8 and closed at Rs 404.70.

Power Grid stock was trading 1.2 percent lower in the early trades. Power Grid is currently trading very close to its yearly lows and we could see further decline.

Power Finance Corporation share price declined to Rs 362 during early trades but recovery was witnessed during the afternoon trade.

ICICI Securities has reiterated its BUY recommendation on Power Grid Corporation of India (PWGR), with a revised target price of Rs 361.

Vishnu Prakash R Punglia, a key player in India’s infrastructure and engineering sector, has been awarded a major civil construction contract from Bharat Heavy Electricals Ltd.

Shares of Reliance Power, led by Anil Ambani, soared over 10% on Thursday, reaching Rs 43.95 on the BSE, following the company’s announcement of a net profit of Rs 41.95 crore for the December quar