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REC Ltd gains for third consecutive session

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Capital Market
Last Updated : Dec 27 2018 | 1:16 PM IST

REC Ltd is quoting at Rs 118.8, up 2.68% on the day as on 12:49 IST on the NSE. The stock is down 23.11% in last one year as compared to a 3.13% spurt in NIFTY and a 10.29% spurt in the Nifty Financial Services index.

REC Ltd gained for a third straight session today. The stock is quoting at Rs 118.8, up 2.68% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.71% on the day, quoting at 10805.55. The Sensex is at 35879.5, up 0.64%. REC Ltd has risen around 7.17% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 2.57% in last one month and is currently quoting at 11475.6, up 0.31% on the day. The volume in the stock stood at 139.12 lakh shares today, compared to the daily average of 149.62 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 118.8, up 2.81% on the day. REC Ltd is down 23.11% in last one year as compared to a 3.13% spurt in NIFTY and a 10.29% spurt in the Nifty Financial Services index.

The PE of the stock is 4.25 based on TTM earnings ending September 18.

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First Published: Dec 27 2018 | 1:05 PM IST

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