Is Rec good investment?

Price To Earnings Ratio PE vs Industry: RECLTD is good value based on its PE Ratio (2.9x) compared to the Indian Diversified Financial industry average (19.1x). PE vs Market: RECLTD is good value based on its PE Ratio (2.9x) compared to the Indian market (19.8x).

What is PFC and REC?

Power Finance Corporation Ltd is the financial backbone of India’s power sector, which falls under the Ministry of Power, moreover, REC is a subsidiary of PFC, which finances and promotes rural electrification projects across India.

Is it safe to invest in Tamilnadu Power Finance?

Tamilnadu Power Finance and Infrastructure Development Corporation (TNPFC) offers higher interest rates up to 8.77\% and one can can get yield up to 10.46\%. These FD’s are considered as safe as the entity is owned by Government of Tamilnadu.

How do I redeem rural electrification corporate bonds?

The Bonds will automatically redeem after expiry of three years. Bonds are AAA rated by CRISIL, CARE, ICRA and IRRPL. 13) Interest/Redemption shall be paid by way of warrant/NECS/RTGS/NEFT payable at par at locations where collection centres are appointed.

What is PFC in government?

Power Finance Corporation Ltd. (P. F. C.) is an Indian financial institution under the ownership of Ministry of Power, Government of India. Established in 1986, it is the financial backbone of Indian Power Sector. PFC is India’s largest NBFC and also India’s largest infrastructure finance company.

How safe is Ktdfc?

1) KTDFC FD schemes are considered as safe as these are guaranteed by the Government of Kerala. However, they have fixed a threshold limit of Rs 4,500 Crores for such guarantee.

Who is promoter of NHPC?

The Shareholding Pattern page of NHPC Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.