The stock extended gains and touched a high of Rs 204 - up 4.5% from the previous close. It finally ended near the day's high at Rs 203 - up 4%. Over 436,648 shares were traded on the BSE today.
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(Updated at 1101 hrs)
Rural Electrification Corp (REC) is up 2% on the company's plans of negotiating with US insurer Aflac for a $200-million loan.
The stock opened at Rs 195 and soared to a high of Rs 201. The scrip is now trading at Rs 199, up 2% from the previous close. The counter has clocked volumes of 124,616 shares on the BSE so far.
This loan is a part of the $500-million overseas borrowing plan of the company.
