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REC Ltd stays in winning mode

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Capital Market
Last Updated : Oct 18 2021 | 1:50 PM IST

REC Ltd is quoting at Rs 166.15, up 0.85% on the day as on 12:49 IST on the NSE. The stock is up 73.07% in last one year as compared to a 56.16% jump in NIFTY and a 62.21% jump in the Nifty Financial Services.

REC Ltd gained for a fifth straight session today. The stock is quoting at Rs 166.15, up 0.85% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.1% on the day, quoting at 18540.75. The Sensex is at 61942.75, up 1.04%. REC Ltd has gained around 9.81% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has gained around 5.33% in last one month and is currently quoting at 18947.65, up 1.05% on the day. The volume in the stock stood at 55.97 lakh shares today, compared to the daily average of 53.33 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 165.6, up 0.09% on the day. REC Ltd is up 73.07% in last one year as compared to a 56.16% jump in NIFTY and a 62.21% jump in the Nifty Financial Services index.

The PE of the stock is 3.71 based on TTM earnings ending June 21.

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First Published: Oct 18 2021 | 1:00 PM IST

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