Hot Pursuit     28-Jul-23
REC Ltd soars 1.62%, up for third straight session
REC Ltd is quoting at Rs 191.25, up 1.62% on the day as on 12:49 IST on the NSE. The stock is up 94.66% in last one year as compared to a 14.14% jump in NIFTY and a 15.99% jump in the Nifty Energy index.

REC Ltd is up for a third straight session today. The stock is quoting at Rs 191.25, up 1.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 19584.9. The Sensex is at 65970.19, down 0.45%. REC Ltd has gained around 16.16% in last one month.

Meanwhile, Nifty Energy index of which REC Ltd is a constituent, has gained around 0.84% in last one month and is currently quoting at 20381.1, down 0.76% on the day. The volume in the stock stood at 263 lakh shares today, compared to the daily average of 129.99 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 189.95, up 1.41% on the day. REC Ltd is up 94.66% in last one year as compared to a 14.14% jump in NIFTY and a 15.99% jump in the Nifty Energy index.

The PE of the stock is 4.29 based on TTM earnings ending June 23.

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