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November 25, 2013

PFC Consulting Ltd Transfers wholly owned subsidiary to Techno Electric and Engineering Company Ltd....

 

PFC

PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited) has transferred on November 13, 2013, its wholly owned subsidiary namely "Patran Transmission Company Limited", incorporated for development of Independent Transmission System for Patran 400 kV S/S to "Techno Electric and Engineering Company Limited", successful bidder selected through "Tariff based Competitive Bidding Guidelines for Transmission services" issued by Ministry of Power, Government of India.

Shares of Power Finance Corporation Ltd was last trading in BSE at Rs.148.80, up by Rs.4.40 or 3.05%. The stock hit an intraday high of Rs.150 and low of Rs.145.10.

The total traded quantity was 2.58 lakhs as compared to 2 week average of 2.98 lakhs.

Shares of Techno Electric and Engineering Company Limited was last trading in BSE at Rs.85.55, up by Rs.0.85 or 1%. The stock hit an intraday high of Rs.86.40 and low of Rs.83.05.

The total traded quantity was 818 as compared to 2 week average of 0.11 lakhs.

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