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 fixes record date for interim dividend
 ( Market Beat - Reports 28-Oct-22   18:07 )
  REC consolidated net profit rises 22.54% in the September 2021 quarter
 ( Results - Announcements 30-Oct-21   08:07 )
  REC announces change in govt. nominee director
 ( Corporate News - 15-Sep-22   20:58 )
  REC to declare Quarterly Result
 ( Corporate News - 16-Jan-24   11:22 )
  Outcome of board meeting of REC
 ( Corporate News - 15-Sep-22   20:55 )
  Indian Overseas Bank Spikes 2.56%, S&P BSE PSU index Rises 1.14%
 ( Hot Pursuit - 02-Nov-23   09:30 )
  REC to declare Quarterly Result
 ( Corporate News - 22-Jul-22   16:12 )
  REC to conduct board meeting
 ( Corporate News - 23-Oct-21   13:57 )
  REC Ltd spurts 1.91%, rises for fifth straight session
 ( Hot Pursuit - 26-Apr-24   13:00 )
  Board of REC recommends Second Interim Dividend
 ( Corporate News - 29-Oct-21   19:23 )
  REC consolidated net profit rises 22.94% in the June 2021 quarter
 ( Results - Announcements 06-Aug-21   07:51 )
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