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REC Ltd jumps around 2%

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Capital Market

REC Ltd is quoting at Rs 141.65, up 1.98% on the day as on 12:49 IST on the NSE. The stock is up 17.36% in last one year as compared to a 13.42% gain in NIFTY and a 25.11% gain in the Nifty Financial Services index.

REC Ltd rose for a third straight session today. The stock is quoting at Rs 141.65, up 1.98% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 12227.7. The Sensex is at 41513.45, up 0.31%. REC Ltd has added around 2.31% in last one month.

 

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has added around 1.08% in last one month and is currently quoting at 14288.45, up 0.55% on the day. The volume in the stock stood at 28.27 lakh shares today, compared to the daily average of 33.45 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 142.35, up 2.34% on the day. REC Ltd is up 17.36% in last one year as compared to a 13.42% gain in NIFTY and a 25.11% gain in the Nifty Financial Services index.

The PE of the stock is 5.14 based on TTM earnings ending September 19.

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First Published: Jan 24 2020 | 1:05 PM IST

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