Bernstein remains optimistic on REC and PFC despite market jitters
Mon, Nov 25, 2024 10:41 AM

Bernstein remains optimistic on REC and PFC despite market jitters

A Flip by Avya Verma
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Bernstein research firm believes that the market's negative reaction to REC and PFC shares due to US SEC allegations against Adani Group is misinformed, as REC's loan exposure to Azure Power is unrelated to the controversy. Bernstein remains optimistic on both REC and PFC, citing opportunities for financing renewable projects.

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