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REC Ltd soars 1.75%

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Capital Market
Last Updated : Oct 31 2019 | 1:16 PM IST

REC Ltd is quoting at Rs 139.8, up 1.75% on the day as on 12:49 IST on the NSE. The stock is up 18.73% in last one year as compared to a 14.78% gain in NIFTY and a 27.44% gain in the Nifty Financial Services index.

REC Ltd rose for a third straight session today. The stock is quoting at Rs 139.8, up 1.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.6% on the day, quoting at 11914.85. The Sensex is at 40283.19, up 0.58%. REC Ltd has added around 13.11% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has added around 4.78% in last one month and is currently quoting at 13539.8, up 0.57% on the day. The volume in the stock stood at 21.56 lakh shares today, compared to the daily average of 52.74 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 138.85, up 1.28% on the day. REC Ltd is up 18.73% in last one year as compared to a 14.78% gain in NIFTY and a 27.44% gain in the Nifty Financial Services index.

The PE of the stock is 4.68 based on TTM earnings ending June 19.

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First Published: Oct 31 2019 | 1:05 PM IST

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