PFC, REC shares plummet over 10% in two sessions; is it time to buy the dip?

PFC, REC shares plummet over 10% in two sessions; is it time to buy the dip?

PFC, REC shares plummet over 10% in two sessions on draft RBI norms on project finance; is it time to buy the dip? Multibagger power financing stocks PFC and REC continue downward trend, with PFC down 4% and REC down 2% for second day. RBI's proposal for stricter regulations on project finance leads to sell-off. Analysts remain confident, suggesting no signs of caution for short-term investors. Multibagger power financing stocks like Power Finance Corporation and Rural Electrification Corporation (REC) continued …