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REC Ltd spurts 1.11%, gains for fifth straight session

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Capital Market

REC Ltd is quoting at Rs 109.5, up 1.11% on the day as on 12:49 IST on the NSE. The stock is down 25.76% in last one year as compared to a 1.41% slide in NIFTY and a 11.67% slide in the Nifty Financial Services.

REC Ltd is up for a fifth straight session today. The stock is quoting at Rs 109.5, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.08% on the day, quoting at 11171.55. The Sensex is at 37989.49, up 0.16%. REC Ltd has slipped around 2.67% in last one month.

 

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has slipped around 3.93% in last one month and is currently quoting at 11317.9, down 0.07% on the day. The volume in the stock stood at 55.25 lakh shares today, compared to the daily average of 58.08 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 109.7, up 0.87% on the day. REC Ltd is down 25.76% in last one year as compared to a 1.41% slide in NIFTY and a 11.67% slide in the Nifty Financial Services index.

The PE of the stock is 4.38 based on TTM earnings ending March 20.

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First Published: Jul 22 2020 | 1:00 PM IST

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