Hot Pursuit     17-Nov-21
REC Ltd drops for fifth straight session
REC Ltd is quoting at Rs 139.25, down 0.54% on the day as on 13:24 IST on the NSE. The stock jumped 19.73% in last one year as compared to a 38.98% rally in NIFTY and a 31.28% spurt in the Nifty Financial Services index.

REC Ltd fell for a fifth straight session today. The stock is quoting at Rs 139.25, down 0.54% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.1% on the day, quoting at 17981.55. The Sensex is at 60287.21, down 0.06%.REC Ltd has eased around 15.66% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 1.36% in last one month and is currently quoting at 18805.75, down 0.16% on the day. The volume in the stock stood at 29.56 lakh shares today, compared to the daily average of 51.57 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 139.15, down 0.46% on the day. REC Ltd jumped 19.73% in last one year as compared to a 38.98% rally in NIFTY and a 31.28% spurt in the Nifty Financial Services index.

The PE of the stock is 2.97 based on TTM earnings ending September 21.

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