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REC Ltd up for third straight session

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Capital Market

REC Ltd is quoting at Rs 112.7, up 1.81% on the day as on 12:54 IST on the NSE. The stock is down 22.25% in last one year as compared to a 3.74% jump in NIFTY and a 11.13% jump in the Nifty Financial Services index.

REC Ltd is up for a third straight session today. The stock is quoting at Rs 112.7, up 1.81% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 11429.25. The Sensex is at 38696.08, up 0.44%. REC Ltd has gained around 6.47% in last one month.

 

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has gained around 0.26% in last one month and is currently quoting at 10995.6, up 0.63% on the day. The volume in the stock stood at 107.6 lakh shares today, compared to the daily average of 81.45 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 113, up 1.66% on the day. REC Ltd is down 22.25% in last one year as compared to a 3.74% jump in NIFTY and a 11.13% jump in the Nifty Financial Services index.

The PE of the stock is 4.19 based on TTM earnings ending June 20.

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First Published: Aug 19 2020 | 1:05 PM IST

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