RECLTD

REC Share Price

₹489.65 -26.95 (-5.22%)

21 Nov, 2024 14:13

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Performance

  • Low
  • ₹469
  • High
  • ₹514
  • 52 Week Low
  • ₹332
  • 52 Week High
  • ₹654
  • Open Price₹513
  • Previous Close₹517
  • Volume22,454,747

Investment Returns

  • Over 1 Month -10.07%
  • Over 3 Month -18.11%
  • Over 6 Month -9.84%
  • Over 1 Year + 41.67%
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REC Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 8.7
  • PEG Ratio
  • 0.5
  • Market Cap Cr
  • 128,936
  • P/B Ratio
  • 1.9
  • Average True Range
  • 19.3
  • EPS
  • 56.53
  • Dividend Yield
  • 3.5
  • MACD Signal
  • -7.56
  • RSI
  • 46.79
  • MFI
  • 43.78

REC Financials

REC Technicals

EMA & SMA

Current Price
₹489.65
-26.95 (-5.22%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹520.95
  • 50 Day
  • ₹536.49
  • 100 Day
  • ₹541.29
  • 200 Day
  • ₹507.43

Resistance and Support

516.82 Pivot Speed
  • R3 543.03
  • R2 534.37
  • R1 525.48
  • S1 507.93
  • S2 499.27
  • S3 490.38

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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. 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 51 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 47 indicates it belongs to a fair 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 ₹489 As on 21 November, 2024 | 13:59

The Market Cap of REC is ₹128935.8 Cr As on 21 November, 2024 | 13:59

The P/E ratio of REC is 8.7 As on 21 November, 2024 | 13:59

The PB ratio of REC is 1.9 As on 21 November, 2024 | 13:59

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