₹544.85▲0.17%
0.27%
Low
Day's Volatility:0.77%
High
0.50%
76.62%
Low
52 Weeks Volatility:80.71%
High
4.09%
Returns % | |
1 Month Return | + 26.9 % |
3 Month Return | + 16.2 % |
1 Year Return | + 320.04 % |
Market Stats | |
Previous Close | ₹₹543.95 |
Open | ₹₹546.70 |
Volume | ₹8.57L |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹1,43,234.22Cr |
based on 5 analysts
Based on 5 analysts offering long term price targets for REC Ltd. An average target of ₹587
Source: S&P Global Market Intelligence
Organisation | REC Ltd |
Headquarters | New Delhi |
Industry | Finance |
E-voting on shares | Click here to vote |
Key events for REC Ltd
REC Ltd stock has risen 2.28% to Rs 540.75, up around 26.15% in the last month and 306.27% in the last year. The Nifty Financial Services index is up 1.57% in the last month, while the benchmark May futures contract for REC Ltd is quoting at Rs 541.3, up 2.08% on the day.
REC Ltd Receives Positive Analyst Recommendation, Good Capital Adequacy Ratio - 09 May, 2024
REC Ltd is recommended as a buy by technical analyst Riyank Arora with a target price of 575.00 and stop loss of 520.00. The company's profitability will not be impacted by RBI's proposed regulations on project financing due to its strong capital adequacy ratio and tier I capital.
REC Ltd. Stock Rebounds After RBI Guidelines Clarification - 08 May, 2024
Shares of REC Ltd. rebounded after the company clarified that the new RBI draft guidelines will not affect its profitability, book value, or net worth. The impact of said guidelines will be on Tier 1 capital only.
REC Shares Slip Amid Tighter Project Finance Norms - 06 May, 2024
REC Ltd shares slipped over 11% from a record high amid tighter project finance norms. Analysts believe the proposed guidelines will have no impact on the company's profitability but on its capital position. However, brokerage firm CLSA maintained its buy call on the stock with a revised target price of Rs 595 against Rs 560.
REC Receives Approval to Set Up Subsidiary in GIFT City - 05 May, 2024
The Reserve Bank of India has given REC Ltd the green light to establish a wholly-owned subsidiary in GIFT City, Gujarat. The proposed finance company will engage in lending, investment, and other services as REC continues to diversify its portfolio.
REC Reports Strong Q4 Results and Renewed Interest - 03 May, 2024
REC Ltd reported strong Q4 results with a significant growth in both revenue and profit compared to the previous year. Additionally, renewed interest in the company is due to an improving NPA situation, higher loan disbursal, and diversified loan portfolio.
REC Ltd Stock Hits Record High After Strong Q4 Results - 02 May, 2024
Shares of REC Limited surge around 8% as the company reports strong earnings for Q4 FY24 with consolidated net profit jumping 33% YoY to Rs 4,079 crore and revenue from operations growing 25% YoY to Rs 12,613 crore. CLSA maintains a buy rating on the stock and raises its target price to Rs 595 per share.
REC Ltd Posts Strong Q4 Results and Dividend Recommendation - 30 Apr, 2024
State-owned REC Ltd reports a 33% rise in its consolidated net profit to Rs 4,079 crore in the March quarter, with revenue from operations growing 25%. The company aims to be NPA-free by the end of FY25. Shares of REC zoomed 9.64% to Rs 507.85 after the announcement.
REC Plans Dollar Bond Issue; Analysts Expect Strong Q4 Results - 26 Apr, 2024
State-run REC Ltd plans to raise funds through a dollar bond issue while Zee Business Research analysts predict strong Q4 FY24 results with expected net interest income of Rs 4,280 crore and profit of Rs 3,400 crore.
REC Secures Green Loan for Sustainable Growth - 25 Apr, 2024
State-owned REC Ltd has secured a green loan of Rs 3,250 crore from Italian export credit agency SACE to finance eligible green projects in India. The move highlights the growing commitment to sustainable financing practices and sets a new standard in the Indian public sector for similar green financing transactions. Additionally, REC's board will consider a final dividend for FY 2023-24 and Q4 results on April 30.
REC Ltd Stock Gains on Loan Agreement with Chenab Valley Power Project - 24 Apr, 2024
REC Ltd's stock gained for a third consecutive session after signing an agreement with Chenab Valley Power Project Private Ltd (CVPPPL) to provide financial assistance of Rs 1,869.265 crore as a term loan for the Kiru hydro project in Jammu and Kashmir.
Fundamentals of REC Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 6 quarters, 9.79K Cr → 12.70K Cr (in ₹), with an average increase of 5.1% per quarter
Profit Spike
Netprofit is up for the last 2 quarters, 3.30K Cr → 4.07K Cr (in ₹), with an average increase of 18.9% per quarter
Price Rise
In the last 1 month, RECLTD stock has moved up by 26.9%
MF Holding Up
Mutual Funds have increased holdings from 8.32% to 9.49% in Mar 2024 quarter
Against Peers
In the last 1 year, Indian Railway Finance Corporation Ltd has given 398.5% return, outperforming this stock by 78.5%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 52.63% of holdings in Mar 2024 quarter
Against Peers
In the last 3 years, Indian Railway Finance Corporation Ltd has given 631.6% return, outperforming this stock by 221.8%
Retail Holding Down
Retail Investor have decreased holdings from 12.56% to 11.95% in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 20.60% to 19.92% in Mar 2024 quarter
REC Ltd in the last 5 years
Lowest (2.51x)
June 20, 2022
Today (10.15x)
May 17, 2024
Industry (30.91x)
May 17, 2024
Highest (10.41x)
May 3, 2024
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 52.63% | 0.00 | |
Foreign Institutions | 19.92% | 0.00 | |
Mutual Funds | 9.48% | 0.00 | |
Retail Investors | 11.95% | 0.00 | |
Others | 6.01% | 0.00 |
Technicals of REC Ltd share
News & Events of REC Ltd
REC Ltd (RECLTD) share price today is ₹544.85
REC Ltd is listed on NSE
REC Ltd is listed on BSE
PE Ratio of REC Ltd is 10.15
PE ratio = REC Ltd Market price per share / REC Ltd Earnings per share
Today’s traded volume of REC Ltd(RECLTD) is 8.57L.
Today’s market capitalisation of REC Ltd(RECLTD) is ₹143234.22Cr.
REC Ltd(RECLTD | Price |
---|---|
52 Week High | ₹567.15 |
52 Week Low | ₹127.4 |
REC Ltd(RECLTD) share price is ₹544.85. It is down -3.93% from its 52 Week High price of ₹567.15
REC Ltd(RECLTD) share price is ₹544.85. It is up 327.67% from its 52 Week Low price of ₹127.4
REC Ltd(RECLTD | Returns |
---|---|
1 Day Returns | 0.9% |
1 Month Returns | 26.9% |
3 Month Returns | 16.2% |
1 Year Returns | 320.04% |