REC Ltd

  • BSE Code : 532955
  • NSE Symbol : RECLTD
  • ISIN : INE020B01018
  • Industry :FINANCE - TERM-LENDING INSTITUTIONS

up-arrow 539.95 10.25(1.94%)

Open Price ()

530.00

Prev. Close ()

529.70

Volume (No’s)

15,317,549

Market Cap ()

142,180.93

Low Price ()

527.25

High Price ()

545.00

 

Corporate Announcement

19-Sep-2024 REC Limited - Loss of Share Certificates
18-Sep-2024 REC Limited - Updates
04-Sep-2024 REC Limited - Other General Purpose
02-Sep-2024 REC Limited - Other General Purpose
29-Aug-2024 REC Limited - Updates

Stock Summary

Market Cap(₹Cr.)

139,363.38

P/E (TTM)

9.61

Book value ()

259.09

Div Yield (%)

3.02

EPS (TTM)

55.07

Face Value ()

10.00

Technical Analysis

Key Level

Resistance 1

553.18

Resistance 2

576.67

Support 1

508.03

Support 2

486.37

Moving Average

30 Days

587.04

50 Days

597.85

100 Days

567.04

200 Days

507.41

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
REC Ltd 142,141.43 9.8 1.74 47753.63 2.96 55.07
Housing Development Finan.. 505,430.17 31.12 3.61 56284.64 1.6 87.71
Bajaj Finance Ltd 469,363.24 35.87 6.24 31684.88 0.47 211.42
Bajaj Finserv Ltd 306,088.11 218.59 39.88 1540.4 0.05 8.77
Jio Financial Services Lt.. 225,096.86 0 9.2 543.58 0 0.49

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 552234022 20.97
Total Institutions 386484971 14.68
Total Govt Holding 1363645 0.05
Total Non Promoter Corporate Holding 26307340 1.00
Total Promoters 1385993662 52.64
Total Public & others 280840360 10.67
Total 2633224000 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Rural Electrification Corporation Ltd (REC) is a Navratna Central Public Sector Enterprise under the Ministry of Power. It is a Government Company engaged in extending financial assistance to State Electricity Boards, State Power utilities/State Power Departments and Private sector for all segments of Power infrastructure. The company is engaged in the financing and promotion of transmission, distribution and generation projects throughout India. Their main objective is to finance and promote rural electrification projects all over the country. They provide financial assistance to State Electricity Boards, State Government Departments and Rural Electric Cooperatives for rural electrification projects sponsored by them.

The company provides loan assistance to SEBs/State Power Utilities for investments in rural electrification schemes through its extensive network of 23 offices across the country. The Project Offices in the States coordinate the programmes of REC's financing with the concerned SEBs/State Power Utilities and facilitate in formulation of schemes, loan sanction and disbursement and implementation of schemes by the concerned SEBs/ State Power Utilities.

The company assists clients in formulating and implementing a broad array of power projects and finance those ...

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