Hot Pursuit     28-Mar-23
REC Ltd drops for fifth straight session
REC Ltd is quoting at Rs 114.25, down 0.7% on the day as on 13:19 IST on the NSE. The stock jumped 24.1% in last one year as compared to a 2.01% slide in NIFTY and a 5.01% spurt in the Nifty Energy index.

REC Ltd is down for a fifth straight session today. The stock is quoting at Rs 114.25, down 0.7% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 16977.9. The Sensex is at 57669.26, up 0.03%.REC Ltd has eased around 0.7% in last one month.Meanwhile, Nifty Energy index of which REC Ltd is a constituent, has eased around 2.32% in last one month and is currently quoting at 17616.05, up 0.36% on the day. The volume in the stock stood at 18.65 lakh shares today, compared to the daily average of 77.04 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 114.1, down 1.17% on the day. REC Ltd jumped 24.1% in last one year as compared to a 2.01% slide in NIFTY and a 5.01% spurt in the Nifty Energy index.

The PE of the stock is 2.93 based on TTM earnings ending December 22.

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