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Rural Electrification Corporation Ltd spurts 8.66%, up for third straight session

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Capital Market
Last Updated : Jul 26 2018 | 1:17 PM IST

The stock is quoting at Rs 106.7, up 8.66% on the day as on 12:49 IST on the NSE. Rural Electrification Corporation Ltd is down 38.82% in last one year as compared to a 11.4% gain in NIFTY and a 13.27% gain in the Nifty Financial Services index.

Rural Electrification Corporation Ltd rose for a third straight session today. The stock is quoting at Rs 106.7, up 8.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.28% on the day, quoting at 11163.15. The Sensex is at 36983.78, up 0.34%. Rural Electrification Corporation Ltd has added around 3.89% in last one month.

Meanwhile, Nifty Financial Services index of which Rural Electrification Corporation Ltd is a constituent, has added around 4.23% in last one month and is currently quoting at 11398.2, up 1% on the day. The volume in the stock stood at 106.13 lakh shares today, compared to the daily average of 53.39 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 107.05, up 9.23% on the day. Rural Electrification Corporation Ltd is down 38.82% in last one year as compared to a 11.4% gain in NIFTY and a 13.27% gain in the Nifty Financial Services index.

The PE of the stock is 4.17 based on TTM earnings ending March 18.

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First Published: Jul 26 2018 | 1:05 PM IST

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