Hot Pursuit     06-May-22
REC Ltd down for fifth straight session
REC Ltd is quoting at Rs 121.8, down 1.22% on the day as on 13:19 IST on the NSE. The stock tumbled 7.16% in last one year as compared to a 10.4% rally in NIFTY and a 0.57% spurt in the Nifty Financial Services index.

REC Ltd is down for a fifth straight session today. The stock is quoting at Rs 121.8, down 1.22% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.9% on the day, quoting at 16365.25. The Sensex is at 54704.76, down 1.79%.REC Ltd has lost around 8.46% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 9.77% in last one month and is currently quoting at 16261.55, down 2.47% on the day. The volume in the stock stood at 15.46 lakh shares today, compared to the daily average of 24.62 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 122.6, down 0.89% on the day. REC Ltd tumbled 7.16% in last one year as compared to a 10.4% rally in NIFTY and a 0.57% spurt in the Nifty Financial Services index.

The PE of the stock is 2.48 based on TTM earnings ending December 21.

Previous News
  REC Ltd spurts 1.91%, rises for fifth straight session
 ( Hot Pursuit - 26-Apr-24   13:00 )
  REC fixes record date for 3rd interim dividend
 ( Market Beat - Reports 19-Mar-24   15:11 )
  Nifty December futures trade at premium
 ( Market Commentary - Futures Market 13-Dec-23   16:28 )
  Board of REC approves sale of three subsidiaries of REC Power Development and Consultancy
 ( Corporate News - 19-Mar-24   15:17 )
  REC Ltd leads losers in 'A' group
 ( Hot Pursuit - 04-Jun-24   15:00 )
  Board of REC approves incorporation of subsidiaries
 ( Corporate News - 19-Mar-24   15:21 )
  REC registers highest ever loan sanctions in FY24
 ( Hot Pursuit - 08-Apr-24   15:19 )
  Volumes jump at REC Ltd counter
 ( Hot Pursuit - 22-Nov-21   11:00 )
  REC Ltd spurts 2.29%, gains for fifth straight session
 ( Hot Pursuit - 29-May-23   13:00 )
  REC to discuss results
 ( Corporate News - 14-Jul-23   10:13 )
  REC jumps on signing MoU with Rajasthan Govt
 ( Hot Pursuit - 11-Mar-24   15:14 )
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