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Rural Electrification Corporation Ltd gains for fifth session

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Capital Market
Last Updated : Jul 30 2018 | 1:04 PM IST

The stock is quoting at Rs 113.1, up 2.17% on the day as on 12:44 IST on the NSE. Rural Electrification Corporation Ltd is down 35.39% in last one year as compared to a 12.06% gain in NIFTY and a 13.94% gain in the Nifty Financial Services.

Rural Electrification Corporation Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 113.1, up 2.17% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 11291.9. The Sensex is at 37406.17, up 0.19%. Rural Electrification Corporation Ltd has added around 11.43% in last one month.

Meanwhile, Nifty Financial Services index of which Rural Electrification Corporation Ltd is a constituent, has added around 7.02% in last one month and is currently quoting at 11691, up 0.08% on the day. The volume in the stock stood at 78.93 lakh shares today, compared to the daily average of 64.83 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 113.85, up 2.2% on the day. Rural Electrification Corporation Ltd is down 35.39% in last one year as compared to a 12.06% gain in NIFTY and a 13.94% gain in the Nifty Financial Services index.

The PE of the stock is 4.7 based on TTM earnings ending March 18.

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First Published: Jul 30 2018 | 1:00 PM IST

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