Hot Pursuit     01-Jul-24
REC Ltd rises for third straight session
REC Ltd is quoting at Rs 549.8, up 4.64% on the day as on 12:49 IST on the NSE. The stock is up 230.71% in last one year as compared to a 24.81% jump in NIFTY and a 16.49% jump in the Nifty Financial Services index.

REC Ltd is up for a third straight session today. The stock is quoting at Rs 549.8, up 4.64% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 24116.5. The Sensex is at 79407.91, up 0.47%. REC Ltd has slipped around 9.05% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has slipped around 4.41% in last one month and is currently quoting at 23420.3, up 0.74% on the day. The volume in the stock stood at 139.22 lakh shares today, compared to the daily average of 282.98 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 551.95, up 4.6% on the day. REC Ltd is up 230.71% in last one year as compared to a 24.81% jump in NIFTY and a 16.49% jump in the Nifty Financial Services index.

The PE of the stock is 9.87 based on TTM earnings ending March 24.

Previous News
  REC arm to sell its stake in SPV to Sterlite Grid 27
 ( Hot Pursuit - 29-Aug-23   15:50 )
  REC registers highest ever loan sanctions in FY24
 ( Hot Pursuit - 08-Apr-24   15:19 )
  REC Trans Proj merger with REC receives Govt. approval
 ( Corporate News - 08-Feb-21   11:55 )
  REC standalone net profit declines 25.95% in the September 2019 quarter
 ( Results - Announcements 06-Nov-19   12:32 )
  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 incorporation of subsidiaries
 ( Corporate News - 19-Mar-24   15:21 )
  Rural Electrification Corporation to pay final dividend
 ( Market Beat - Reports 20-Aug-18   19:17 )
  REC announces incorporation of wholly owned step down subsidiary
 ( Corporate News - 28-Mar-24   19:05 )
  Board of REC approves sale of three subsidiaries of REC Power Development and Consultancy
 ( Corporate News - 19-Mar-24   15:17 )
  REC to hold board meeting
 ( Corporate News - 29-May-24   15:05 )
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