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 consolidated net profit rises 16.58% in the June 2024 quarter
 ( Results - Announcements 27-Jul-24   16:54 )
  REC fixes record date for final dividend
 ( Market Beat - Reports 18-Jun-24   17:14 )
  IREDA, REC, PSU Bank shares drops after RBI’s stricter project finance framework
 ( Hot Pursuit - 06-May-24   13:31 )
  REC Ltd spurts 1.99%, gains for third straight session
 ( Hot Pursuit - 20-Aug-24   13:05 )
  REC postpones board meeting
 ( Corporate News - 16-Mar-24   10:28 )
  REC fixes record date for 3rd interim dividend
 ( Market Beat - Reports 16-Mar-24   13:20 )
  REC arm to sell its stake in SPV to Sterlite Grid 27
 ( Hot Pursuit - 29-Aug-23   15:50 )
  REC Ltd soars 2.15%, rises for third straight session
 ( Hot Pursuit - 06-Feb-23   13:05 )
  Board of REC recommends final dividend
 ( Corporate News - 26-Jun-23   09:52 )
  REC consolidated net profit rises 22.83% in the December 2021 quarter
 ( Results - Announcements 04-Feb-22   16:09 )
  REC Ltd soars 0.39%, rises for fifth straight session
 ( Hot Pursuit - 04-Apr-24   13:00 )
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