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REC Ltd rises for third straight session

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Capital Market

REC Ltd is quoting at Rs 149.15, up 2.69% on the day as on 12:54 IST on the NSE. The stock is up 36.96% in last one year as compared to a 13.71% jump in NIFTY and a 25.13% jump in the Nifty Financial Services index.

REC Ltd is up for a third straight session today. The stock is quoting at Rs 149.15, up 2.69% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.35% on the day, quoting at 12045.85. The Sensex is at 40167.1, down 0.25%. REC Ltd has gained around 5.15% in last one month.

 

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has gained around 9.2% in last one month and is currently quoting at 13636.1, down 0.08% on the day. The volume in the stock stood at 62.22 lakh shares today, compared to the daily average of 46.88 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 149.8, up 2.53% on the day. REC Ltd is up 36.96% in last one year as compared to a 13.71% jump in NIFTY and a 25.13% jump in the Nifty Financial Services index.

The PE of the stock is 4.98 based on TTM earnings ending March 19.

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First Published: Jun 04 2019 | 1:05 PM IST

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