Hot Pursuit     04-Dec-23
REC Ltd soars 3.3%, gains for fifth straight session
REC Ltd is quoting at Rs 386.35, up 3.3% on the day as on 12:44 IST on the NSE. The stock is up 245.42% in last one year as compared to a 10.06% jump in NIFTY and a 7.06% jump in the Nifty Financial Services.

REC Ltd is up for a fifth straight session today. The stock is quoting at Rs 386.35, up 3.3% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.55% on the day, quoting at 20581.45. The Sensex is at 68464.1, up 1.46%. REC Ltd has gained around 27.01% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has gained around 5.74% in last one month and is currently quoting at 20211, up 2.22% on the day. The volume in the stock stood at 183.66 lakh shares today, compared to the daily average of 136.44 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 388.05, up 2.97% on the day. REC Ltd is up 245.42% in last one year as compared to a 10.06% jump in NIFTY and a 7.06% jump in the Nifty Financial Services index.

The PE of the stock is 7.8 based on TTM earnings ending September 23.

Previous News
  REC consolidated net profit rises 38.72% in the September 2023 quarter
 ( Results - Announcements 01-Nov-23   16:34 )
  REC hits record high after board OKs to invest Rs 14 crore in HPX
 ( Hot Pursuit - 30-Nov-23   15:21 )
  REC Ltd gains for fifth session
 ( Hot Pursuit - 11-Jun-24   13:00 )
  REC inks 200 mln euro loan agreement with German bank KfW
 ( Hot Pursuit - 09-Dec-23   14:21 )
  Board of REC approves market borrowing programme for FY24
 ( Corporate News - 10-Mar-23   12:22 )
  REC fixes record date for final dividend
 ( Market Beat - Reports 18-Jun-24   17:14 )
  NBCC (India) Ltd Spikes 4.53%
 ( Hot Pursuit - 11-Aug-23   09:30 )
  REC to conduct board meeting
 ( Corporate News - 23-Oct-23   17:06 )
  Board of REC approves sale of Beawar Transmission to Sterlite Grid 27
 ( Corporate News - 29-Aug-23   16:12 )
  REC Ltd spurts 0.92%, up for five straight sessions
 ( Hot Pursuit - 08-Nov-23   13:00 )
  Nifty November futures trade at premium
 ( Market Commentary - Futures Market 01-Nov-23   16:28 )
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