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REC Ltd rises for fifth session

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Capital Market
Last Updated : Mar 19 2019 | 1:16 PM IST

REC Ltd is quoting at Rs 148.55, up 2.13% on the day as on 12:49 IST on the NSE. The stock is up 16.88% in last one year as compared to a 13.31% spurt in NIFTY and a 21.35% spurt in the Nifty Financial Services.

REC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 148.55, up 2.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.08% on the day, quoting at 11471.9. The Sensex is at 38133.19, up 0.1%. REC Ltd has risen around 16.28% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 8.93% in last one month and is currently quoting at 12269.95, up 0.21% on the day. The volume in the stock stood at 81.73 lakh shares today, compared to the daily average of 122.17 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 148.8, up 2.3% on the day. REC Ltd is up 16.88% in last one year as compared to a 13.31% spurt in NIFTY and a 21.35% spurt in the Nifty Financial Services index.

The PE of the stock is 5.37 based on TTM earnings ending December 18.

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First Published: Mar 19 2019 | 1:01 PM IST

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