Budget mein hua bada elaan, stocks ne pakdi raftaar!
Toh hua yun ki Budget 2026 mein, Finance Minister Nirmala Sitharaman ne Lok Sabha mein announcement kiya ki PFC aur REC Ltd jaise important PSUs ka strategic restructuring kiya jayega. Bas ye sunte hi market mein khushi ki leher daud gayi aur stocks ne bhaagna shuru kar diya.
PFC ka share 3.7% badh kar ₹395.7 tak pahunch gaya, aur REC Ltd bhi 3% upar jaakar ₹375 par close hua. Ye rally un investors ke liye kaafi achhi hai jinhone 2025 mein 20% se 30% tak ka nuksaan dekha tha, jabki 2023 mein toh inki value teen guna ho gayi thi.
Financials aur Company ka Aukaat
Ab financials dekhte hain. January 2026 tak, PFC ka P/E ratio lagbhag 5.06 tha aur market cap around ₹1.25 lakh crore tha. REC ka P/E ratio 5.77 aur market cap ₹95,876 crore tha. Ye bhi pata hai ki PFC ke paas REC mein 52.63% stake bhi hai. Ye dono companies power aur infrastructure finance mein kaam karti hain. Market ko lagta hai ki restructuring se synergy badhegi aur efficiency aayegi, jo pichhle saal ki underperformance ko theek karega.
Aage Kya?
Ye restructuring aise time par ho raha hai jab India ke power sector mein ₹46 lakh crore ka investment hone wala hai. Sarkaar ka ye kadam PSUs ko behtar banane ki taraf ek bada step hai. Abhi restructuring ka poora plan toh nahi bataya gaya hai, lekin ummeed hai ki isse companies mein synergy badhegi aur paisa aur acche se deploy hoga. Pichhle saal (FY25) PFC ne ₹30,514 crore ka profit kiya tha aur REC ke paas March 2024 tak ₹5.09 lakh crore se zyada ka loan book tha. Matlab, foundation strong hai jispar restructuring build karega.
Brokerage reports toh abhi exact price targets ke saath nahi aaye hain, par market ka reaction toh positive hai. Ab sabki nazar is baat par hogi ki restructuring kaise hota hai aur uska companies par kya asar padta hai.