Hot Pursuit     01-Jul-24
REC Ltd rises for third straight session
REC Ltd is quoting at Rs 549.8, up 4.64% on the day as on 12:49 IST on the NSE. The stock is up 230.71% in last one year as compared to a 24.81% jump in NIFTY and a 16.49% jump in the Nifty Financial Services index.

REC Ltd is up for a third straight session today. The stock is quoting at Rs 549.8, up 4.64% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 24116.5. The Sensex is at 79407.91, up 0.47%. REC Ltd has slipped around 9.05% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has slipped around 4.41% in last one month and is currently quoting at 23420.3, up 0.74% on the day. The volume in the stock stood at 139.22 lakh shares today, compared to the daily average of 282.98 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 551.95, up 4.6% on the day. REC Ltd is up 230.71% in last one year as compared to a 24.81% jump in NIFTY and a 16.49% jump in the Nifty Financial Services index.

The PE of the stock is 9.87 based on TTM earnings ending March 24.

Previous News
  Nifty hovers near 24,150 mark; financial services shares advance
 ( Market Commentary - Mid-Session 01-Jul-24   14:37 )
  REC Ltd up for third straight session
 ( Hot Pursuit - 14-Jun-24   13:05 )
  REC to discuss results
 ( Corporate News - 14-Jul-23   10:13 )
  REC to hold AGM
 ( Corporate News - 18-Aug-23   14:24 )
  REC records strong operational performance for Q1 FY25
 ( Corporate News - 01-Jul-24   14:23 )
  Board of REC approves infusion of up to Rs 50 cr in PFC Projects
 ( Corporate News - 05-Aug-22   19:12 )
  REC Ltd rises for third straight session
 ( Hot Pursuit - 01-Jul-24   13:05 )
  REC
 ( Results - Analysis 05-Aug-22   14:50 )
  REC jumps after loan sanctions rises 24% YoY in Q1 FY25
 ( Hot Pursuit - 01-Jul-24   13:06 )
  REC board approves Rs 85,000 cr borrowing plan for 2022-23
 ( Hot Pursuit - 22-Mar-22   09:05 )
  REC consolidated net profit rises 35.38% in the December 2020 quarter
 ( Results - Announcements 05-Feb-21   17:42 )
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