Hot Pursuit     16-May-24
REC Ltd gains for fifth session
REC Ltd is quoting at Rs 540.75, up 2.28% on the day as on 12:44 IST on the NSE. The stock is up 306.27% in last one year as compared to a 21.96% spurt in NIFTY and a 9.98% spurt in the Nifty Financial Services.

REC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 540.75, up 2.28% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.12% on the day, quoting at 22174.85. The Sensex is at 72914.37, down 0.1%. REC Ltd has risen around 26.15% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 1.57% in last one month and is currently quoting at 21186, up 0.2% on the day. The volume in the stock stood at 102.4 lakh shares today, compared to the daily average of 264.77 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 541.3, up 2.08% on the day. REC Ltd is up 306.27% in last one year as compared to a 21.96% spurt in NIFTY and a 9.98% spurt in the Nifty Financial Services index.

The PE of the stock is 9.92 based on TTM earnings ending March 24.

Previous News
  REC signs Euro 200 mn loan agreement with KfW
 ( Corporate News - 09-Dec-23   13:41 )
  REC board OKs to raise upto Rs 1.45 lakh crore via private placement
 ( Hot Pursuit - 01-Jun-24   15:35 )
  Board of REC approves equity investment in HPX and revision in market borrowing programme
 ( Corporate News - 30-Nov-23   13:10 )
  Volumes soar at REC Ltd counter
 ( Hot Pursuit - 25-Nov-22   11:00 )
  REC update on proposed issuance of 5-year senior green notes
 ( Corporate News - 20-Feb-23   19:35 )
  REC to declare Quarterly Result
 ( Corporate News - 16-Jan-24   11:22 )
  Board of REC recommends Second Interim Dividend
 ( Corporate News - 31-Jan-23   10:11 )
  REC Ltd soars 1.62%, up for third straight session
 ( Hot Pursuit - 28-Jul-23   13:05 )
  Rural Electrification Corporation
 ( Analyst Meet / AGM - Conference Call 05-Jun-21   17:53 )
  REC consolidated net profit rises 8.18% in the June 2022 quarter
 ( Results - Announcements 05-Aug-22   08:22 )
  Board of REC approves market borrowing programme for FY24
 ( Corporate News - 10-Mar-23   12:22 )
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