Don’t miss the latest developments in business and finance.

REC Ltd drops for fifth straight session

Image
Capital Market
Last Updated : Sep 09 2020 | 2:16 PM IST

REC Ltd is quoting at Rs 105.95, down 1.81% on the day as on 13:29 IST on the NSE. The stock tumbled 28.94% in last one year as compared to a 1.77% rally in NIFTY and a 12.33% fall in the Nifty Financial Services index.

REC Ltd fell for a fifth straight session today. The stock is quoting at Rs 105.95, down 1.81% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.76% on the day, quoting at 11231.25. The Sensex is at 38089.93, down 0.72%.REC Ltd has eased around 1.9% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 0.53% in last one month and is currently quoting at 11086.2, down 2.08% on the day. The volume in the stock stood at 55.55 lakh shares today, compared to the daily average of 91.86 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 105.95, down 1.81% on the day. REC Ltd tumbled 28.94% in last one year as compared to a 1.77% rally in NIFTY and a 12.33% fall in the Nifty Financial Services index.

The PE of the stock is 4.08 based on TTM earnings ending June 20.

Powered by Capital Market - Live News

Also Read

First Published: Sep 09 2020 | 1:36 PM IST

Next Story