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REC Ltd gains for third consecutive session

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Capital Market
Last Updated : May 13 2020 | 1:33 PM IST

REC Ltd is quoting at Rs 100.55, up 12.41% on the day as on 12:54 IST on the NSE. The stock is down 25.68% in last one year as compared to a 16.39% drop in NIFTY and a 20.83% drop in the Nifty Financial Services index.

REC Ltd gained for a third straight session today. The stock is quoting at Rs 100.55, up 12.41% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.03% on the day, quoting at 9383.2. The Sensex is at 32017.06, up 2.06%. REC Ltd has risen around 11.29% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 4.76% in last one month and is currently quoting at 9365.85, up 3.35% on the day. The volume in the stock stood at 170.29 lakh shares today, compared to the daily average of 66.7 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 101.4, up 13.23% on the day. REC Ltd is down 25.68% in last one year as compared to a 16.39% drop in NIFTY and a 20.83% drop in the Nifty Financial Services index.

The PE of the stock is 3.09 based on TTM earnings ending December 19.

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First Published: May 13 2020 | 1:05 PM IST

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