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REC Ltd up for fifth session

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Capital Market

REC Ltd is quoting at Rs 151.75, up 1.68% on the day as on 12:49 IST on the NSE. The stock is up 32.07% in last one year as compared to a 10.11% spurt in NIFTY and a 22.07% spurt in the Nifty Financial Services.

REC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 151.75, up 1.68% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 11856.05. The Sensex is at 39556.1, up 0.07%. REC Ltd has risen around 10.24% in last one month.

 

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 9.95% in last one month and is currently quoting at 13345.7, up 0.64% on the day. The volume in the stock stood at 40.79 lakh shares today, compared to the daily average of 51.77 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 152.3, up 1.87% on the day. REC Ltd is up 32.07% in last one year as compared to a 10.11% spurt in NIFTY and a 22.07% spurt in the Nifty Financial Services index.

The PE of the stock is 5.11 based on TTM earnings ending March 19.

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First Published: Jun 07 2019 | 1:00 PM IST

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