Hot Pursuit     24-Apr-24
REC Ltd rises for third consecutive session
REC Ltd is quoting at Rs 444.35, up 1.96% on the day as on 12:49 IST on the NSE. The stock is up 255.34% in last one year as compared to a 26.35% spurt in NIFTY and a 13.14% spurt in the Nifty Financial Services index.

REC Ltd gained for a third straight session today. The stock is quoting at Rs 444.35, up 1.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 22450.85. The Sensex is at 74033.44, up 0.4%. REC Ltd has slipped around 3.7% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has slipped around 3.61% in last one month and is currently quoting at 21334.2, up 0.56% on the day. The volume in the stock stood at 38.38 lakh shares today, compared to the daily average of 112.71 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 444, up 1.85% on the day. REC Ltd is up 255.34% in last one year as compared to a 26.35% spurt in NIFTY and a 13.14% spurt in the Nifty Financial Services index.

The PE of the stock is 8.81 based on TTM earnings ending December 23.

Previous News
  REC consolidated net profit rises 38.72% in the September 2023 quarter
 ( Results - Announcements 01-Nov-23   16:34 )
  Nifty November futures trade at premium
 ( Market Commentary - Futures Market 01-Nov-23   16:28 )
  REC fixes record date for interim dividend
 ( Market Beat - Reports 28-Oct-22   18:07 )
  REC fixes board meeting date
 ( Corporate News - 21-Mar-24   10:28 )
  REC to declare Quarterly Result
 ( Corporate News - 16-Jan-24   11:22 )
  REC consolidated net profit rises 22.83% in the December 2021 quarter
 ( Results - Announcements 04-Feb-22   16:09 )
  REC board OKs Rs 1.2 lakh cr market borrowing programme for FY24
 ( Hot Pursuit - 10-Mar-23   11:13 )
  REC gains after board OK selling MP power transmission package-I
 ( Hot Pursuit - 07-Dec-22   10:47 )
  REC transfers Gadag Transmission to ReNew Transmission Ventures
 ( Corporate News - 17-Mar-22   16:14 )
  Outcome of board meeting of REC
 ( Corporate News - 15-Sep-22   20:55 )
  Board of REC approves market borrowing programme for FY24
 ( Corporate News - 10-Mar-23   12:22 )
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