RECLTD

REC Share Price

₹507.45 -11.65 (-2.24%)

28 Dec, 2024 02:07

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Performance

  • Low
  • ₹506
  • High
  • ₹520
  • 52 Week Low
  • ₹406
  • 52 Week High
  • ₹654
  • Open Price₹518
  • Previous Close₹519
  • Volume2,951,162

Investment Returns

  • Over 1 Month -2.42%
  • Over 3 Month -6.74%
  • Over 6 Month -1.58%
  • Over 1 Year + 21.11%
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REC Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 9
  • PEG Ratio
  • 0.5
  • Market Cap Cr
  • 133,623
  • P/B Ratio
  • 1.9
  • Average True Range
  • 15.56
  • EPS
  • 56.53
  • Dividend Yield
  • 3.4
  • MACD Signal
  • 0.66
  • RSI
  • 38.33
  • MFI
  • 39.28

REC Financials

REC Technicals

EMA & SMA

Current Price
₹507.45
-11.65 (-2.24%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹530.82
  • 50 Day
  • ₹535.13
  • 100 Day
  • ₹538.61
  • 200 Day
  • ₹513.67

Resistance and Support

511.2 Pivot Speed
  • R3 531.00
  • R2 525.65
  • R1 516.55
  • S1 502.10
  • S2 496.75
  • S3 487.65

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

REC Ltd. is a public sector financial institution in India, providing financing solutions for power generation, transmission, and distribution projects. It plays a key role in supporting India’s energy infrastructure and renewable energy initiatives.

REC has an operating revenue of Rs. 51,490.04 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 38% is great, ROE of 20% is exceptional. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 20% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 81 which is a GOOD score indicating consistency in earnings, a RS Rating of 48 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 32 indicates it belongs to a strong industry group of Financial Svcs-Specialty and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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REC Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-26 Quarterly Results & Interim Dividend
2024-07-27 Quarterly Results
2024-05-31 Others Inter alia, to consider the proposal of fund raising through private placement subject to the approval of Shareholders of the Company. per share(110%)Interim Dividend
2024-04-30 Audited Results & Final Dividend
2024-03-27 Others Inter alia, to consider : proposal for approval of market borrowing programme of the Company for the financial year 2024-25. per share(110%)Interim Dividend
Date Purpose Remarks
2024-11-08 INTERIM Rs.4.00 per share(40%)Interim Dividend
2024-08-09 INTERIM Rs.3.50 per share(35%)Interim Dividend
2024-06-28 FINAL Rs.5.00 per share(50%)Final Dividend
2024-03-28 INTERIM Rs.4.50 per share(45%)Third Interim Dividend
2023-11-13 INTERIM Rs.3.50 per share(35%)Second Interim Dividend
Date Purpose Remarks
2022-08-18 Bonus Rs.0.00 issue in the ratio of 1:3 of Rs. 10/-.

REC F&O

REC Shareholding Pattern

52.63%
8.94%
3.93%
21.22%
0.07%
9.85%
3.36%

About REC

REC Limited (REC) is a leading public sector financial institution under the Ministry of Power, Government of India.

Established in 1998, REC plays a pivotal role in India's power sector by:

 Financing Power Projects: REC provides financial assistance for various power sector projects, including generation, transmission, and distribution.
● Promoting Renewable Energy: The company actively supports the development of renewable energy sources like solar and wind power in India.
 Restructuring UPPCL Debt: REC is entrusted with the crucial task of restructuring the debt of State Power Utilities (UPPCLs) to ensure financial stability in the power sector.
 Financial Resource Mobilization: REC raises funds through various channels like bonds, term loans, and external borrowings to support its lending activities.

Key Achievements - REC

● Played a significant role in financing India's growing power sector needs.
● Contributed to the development of a robust transmission and distribution network.
● Emerged as a key player in promoting renewable energy initiatives.

Future Prospects - REC

● REC is well-positioned to capitalize on India's growing energy demand and increasing focus on clean energy sources.
● The company's diverse financing solutions and expertise in the power sector can enable it to further support the sector's growth and development.
● By leveraging its financial strength and strategic partnerships, REC can contribute significantly to achieving India's energy security goals.

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  • NSE Symbol
  • RECLTD
  • BSE Symbol
  • 532955
  • Chairman & Managing Director
  • Mr. Vivek Kumar Dewangan
  • ISIN
  • INE020B01018

Similar Stocks to REC

REC FAQs

REC share price is ₹507 As on 28 December, 2024 | 01:53

The Market Cap of REC is ₹133623 Cr As on 28 December, 2024 | 01:53

The P/E ratio of REC is 9 As on 28 December, 2024 | 01:53

The PB ratio of REC is 1.9 As on 28 December, 2024 | 01:53

REC shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). To invest, you'll need a demat account with a brokerage firm that allows trading on these exchanges. You can buy shares of the company by opening a demat account with 5paisa.

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Q2FY23