REC Ltd is down for a fifth straight session today. The stock is quoting at Rs 118.95, down 5.82% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 3.03% on the day, quoting at 11281.1. The Sensex is at 38577.64, down 2.94%.REC Ltd has lost around 19.11% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 4.74% in last one month and is currently quoting at 14086.05, down 2.98% on the day. The volume in the stock stood at 41.09 lakh shares today, compared to the daily average of 59.49 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 118.8, down 6.35% on the day. REC Ltd tumbled 13.36% in last one year as compared to a 3.84% rally in NIFTY and a 20.86% spurt in the Nifty Financial Services index. The PE of the stock is 4.37 based on TTM earnings ending December 19.
|