REC Ltd jumps 3.17%

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Capital Market
Last Updated : Nov 11 2020 | 1:31 PM IST

REC Ltd is quoting at Rs 115.45, up 3.17% on the day as on 12:59 IST on the NSE. The stock is down 16.31% in last one year as compared to a 6.66% spurt in NIFTY and a 0.6% spurt in the Nifty Financial Services index.

REC Ltd is up for a third straight session in a row. The stock is quoting at Rs 115.45, up 3.17% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 12629.4. The Sensex is at 43154.49, down 0.28%. REC Ltd has risen around 20.51% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 18.41% in last one month and is currently quoting at 13698.6, up 0.18% on the day. The volume in the stock stood at 84.67 lakh shares today, compared to the daily average of 65.18 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 115.9, up 3.11% on the day. REC Ltd is down 16.31% in last one year as compared to a 6.66% spurt in NIFTY and a 0.6% spurt in the Nifty Financial Services index.

The PE of the stock is 3.62 based on TTM earnings ending September 20.

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First Published: Nov 11 2020 | 1:05 PM IST

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