PFC–REC merger: MOFSL sees operating synergies, retains ‘Buy’ on both PSU stocks

MOFSL said the PFC-REC merger should deliver meaningful operating synergies through the rationalisation of overlapping functions and stronger bargaining power with lenders.

PFC–REC merger: MOFSL sees operating synergies, retains ‘Buy’ on both PSU stocks
MOFSL said the PFC-REC merger should deliver meaningful operating synergies through the rationalisation of overlapping functions and stronger bargaining power with lenders.

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