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REC Ltd up for fifth session

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Capital Market
Last Updated : Jun 02 2020 | 1:17 PM IST

REC Ltd is quoting at Rs 95.1, up 1.33% on the day as on 12:49 IST on the NSE. The stock is down 34.53% in last one year as compared to a 17.64% drop in NIFTY and a 25.88% drop in the Nifty Financial Services.

REC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 95.1, up 1.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.33% on the day, quoting at 9956.7. The Sensex is at 33757.23, up 1.36%. REC Ltd has risen around 5.61% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 4.41% in last one month and is currently quoting at 9873.5, up 2.36% on the day. The volume in the stock stood at 33.76 lakh shares today, compared to the daily average of 98.03 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 95.2, up 1.33% on the day. REC Ltd is down 34.53% in last one year as compared to a 17.64% drop in NIFTY and a 25.88% drop in the Nifty Financial Services index.

The PE of the stock is 3.25 based on TTM earnings ending December 19.

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First Published: Jun 02 2020 | 1:00 PM IST

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