REC Ltd Analyst Rating
based on 9 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 9 analysts offering long term price targets for REC Ltd. An average target of ₹678.67
Source: S&P Global Market Intelligence
REC Ltd Share analysis
REC Ltd price forecast by 9 analysts
Upside of21.39%
High
₹755
Target
₹678.67
Low
₹630
REC Ltd target price ₹678.67, a slight upside of 21.39% compared to current price of ₹559.1. According to 9 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
REC Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
REC Ltd EPS growth forecast
EPS estimate Q1, FY2026:26.08%
Forecast
Actual
Source: S&P Global Market Intelligence
REC Ltd Performance
Day's Low
Day's High
₹544.55₹562.552 Week's Low
52 Week's High
₹386.3₹654
| Returns % | |
| 1 Month Return | + 5.76 % |
| 3 Month Return | -5.25 % |
| 1 Year Return | + 41.69 % |
| Market Stats | |
| Previous Close | ₹545.00 |
| Open | ₹545.60 |
| Volume | 1.06Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,43,510.71Cr |
REC Ltd Key Statistics
| P/E Ratio | 9.91 |
| PEG Ratio | 1.22 |
| Market Cap | ₹1,43,510.71 Cr |
| P/B Ratio | 1.74 |
| EPS | 53.72 |
| Dividend Yield | 3.55 |
| Sector | Finance |
| ROE | 22.17 |
REC Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,43,510.71 Cr | 94.95% | 0.93 | ₹14,145 Cr | ₹47,517 Cr | |
| BUY | ₹1,69,031.21 Cr | 95.04% | 0.92 | ₹26,461 Cr | ₹91,508 Cr | |
| ₹1,97,125.34 Cr | 107.42% | 0.95 | NA | NA | ||
| NA | ₹17,275.03 Cr | 43.98% | 0.50 | ₹4,243 Cr | ₹154 Cr |
REC Ltd Mutual Fund Holdings
About REC Ltd
REC operates mainly within India and does not have specific sub-brands, but it offers a broad range of financial products and services, including project financing, loans for transmission and distribution projects, and financial consulting for power infrastructure development. The company plays a crucial role in enhancing India's power sector infrastructure, contributing to projects that improve the availability and quality of electricity in rural and urban areas. A notable fact about REC is its role in financing over 25% of India's installed power generation capacity. Another interesting fact is its significant involvement in the government's electrification initiatives, such as the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) to achieve universal electrification. REC Limited is a subsidiary of Power Finance Corporation Limited (PFC), another leading financial institution in India's power sector.
Share Price: ₹559.10 per share as on 06 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,43,510.71Cr as of today
Revenue: ₹13,706.31Cr as on September 2024 (Q3 24)
Net Profit: ₹4,037.72Cr as on September 2024 (Q3 24)
Listing date: 12 Mar, 2008
Chairperson Name: Vivek Kumar Dewangan
| Organisation | REC Ltd |
| Headquarters | New Delhi |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for REC Ltd
REC Ltd Shares Show Slight Increase Amid Market Activity - 05 Dec, 2024
On December 5, 2024, REC Ltd shares traded at Rs 544.25, up 0.11% from the previous close. The stock has a market value of Rs 143,128.89 crore, with a P/E ratio of 9.62. Promoters hold 52.63% of the company, while institutional investors own 30.17%. The stock's 50-DMA and 200-DMA suggest a potential upward trend if it trades above these averages.REC Ltd Shows Positive Risk-Reward Outlook - 04 Dec, 2024
REC Ltd is currently trading around Rs 550, with strong support near Rs 525-528. Analysts suggest a near-term target of Rs 590-600, as the stock rose 0.71% to Rs 543.50.Management Changes Announced at REC Limited - 30 Nov, 2024
REC Limited announced management changes effective December 1, 2024, with Ms. Malathi Sundararajan ceasing as CRO and Shri Subrata Aich appointed as her successor. Aich brings over 27 years of experience in financial accounting and fund management.REC Ltd Continues Upward Trend Amid Market Decline - 28 Nov, 2024
REC Ltd is up 0.5% today, marking its fifth consecutive session of gains. The stock has risen 54.27% over the past year, despite a 3.38% drop in the last month. In contrast, the NIFTY and Nifty Financial Services indices have seen lesser gains. Today's trading volume is below the monthly average, with a PE ratio of 9.41 based on TTM earnings.REC Ltd Shows Strong Upside Potential - 27 Nov, 2024
REC Ltd is projected to have a 30% upside potential according to consensus estimates. All 10 analysts covering the stock recommend a buy, indicating strong confidence in its performance.REC Shares Surge, Boosting Market Capitalization - 25 Nov, 2024
On November 25, 2024, REC Limited's shares increased by 4.68%, raising its market cap by Rs. 6,230 crore. Analysts remain optimistic about REC's growth prospects despite market volatility.Bernstein Maintains Positive Outlook on REC Stock - 22 Nov, 2024
Despite a sharp decline in REC's stock due to concerns over Adani Group exposure, Bernstein reaffirms its positive stance, viewing the correction as a buying opportunity with a target price of ₹653.REC Ltd Shares Decline Amid Q2 Results - 21 Nov, 2024
On November 21, 2024, REC Ltd shares fell significantly, with a 5% drop noted in the morning. The company reported a 7% increase in Q2 net profit, but market cap decreased by Rs 6,697 crore. The stock closed at Rs 490.80, reflecting ongoing bearish sentiment.REC Limited gives Major Loan for Renewable Projects - 18 Nov, 2024
REC Limited has provided a ₹3,753 crore term loan to ACME Sun Power for a 320 MW renewable energy project, showcasing confidence in ACME's execution capabilities.REC Ltd Finances Major Renewable Energy Project - 17 Nov, 2024
REC Limited has agreed to provide a Rs 3,753 crore term loan to ACME Solar for a 320-MW firm and dispatchable renewable energy project, highlighting its commitment to supporting renewable energy initiatives.REC Ltd Signs Major MoUs for Energy Transition - 15 Nov, 2024
REC Ltd, a state-run power company, signed memoranda of understanding worth ₹2,86,000 crore during the green finance summit in Goa, highlighting its commitment to India's energy transition.REC Ltd Transfers Project to Tata Power - 14 Nov, 2024
REC Ltd's subsidiary, REC Power Development Consultancy, has transferred the ERES-XXXIX Power Transmission Ltd project to Tata Power Company Ltd, with implementation expected by December 2027.Macquarie Bullish on REC with Target Price of Rs 660 - 13 Nov, 2024
Macquarie initiated coverage on REC Ltd with an Outperform rating and a target price of Rs 660, citing reduced credit risks and strong growth prospects. Despite a slight decline in share price, REC has seen significant gains over the past year.Macquarie Initiates Coverage on REC with Positive Outlook - 12 Nov, 2024
Macquarie has initiated coverage on Rural Electrification Corporation (REC), highlighting a favorable environment for loan growth and setting a target price of Rs 660. REC is expected to benefit from strong returns and maintain a healthy balance sheet.REC Ltd Plans Major Fundraising via Bonds - 11 Nov, 2024
REC Ltd has announced plans to raise Rs 5,000 crore in the current fiscal year by issuing deep-discount zero-coupon bonds, indicating strong financial strategies.REC Ltd Plans Additional Rs 5,000 Crore Bond Issuance - 10 Nov, 2024
REC Ltd aims to raise an additional Rs 5,000 crore in FY25 through deep-discount zero-coupon bonds after a successful previous issuance. The company recently raised Rs 3,000 crore via 15-year bonds and Rs 2,901 crore through 5-year bonds, indicating strong demand from long-term investors.REC Ltd Trades Ex-Dividend Today - 08 Nov, 2024
REC Ltd trades ex-dividend today, with a closing price of Rs 525.05, reflecting a decline of 0.66% from the previous close of Rs 528.55.REC Ltd Chairman Comments on RBI Draft Guidelines - 06 Nov, 2024
Vivek Kumar Dewangan, chairman and MD of REC Limited, discussed the recent RBI draft guidelines, emphasizing the need for banks and NBFCs to reassess their strategies. He expressed optimism that the final guidelines would adopt a balanced approach.
Insights on REC Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 20.43% to 21.23% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, RECLTD stock has moved up by 454.1%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 3.46K Cr → 4.03K Cr (in ₹), with an average increase of 14.3% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 8 quarters, 9.79K Cr → 13.70K Cr (in ₹), with an average increase of 4.7% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 52.63% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Indian Railway Finance Corporation Ltd has given 107.8% return, outperforming this stock by 66.1%
- NO EFFECT
Against Peers
In the last 3 years, Indian Railway Finance Corporation Ltd has given 581.0% return, outperforming this stock by 127.0%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 9.11% to 8.94% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 12.20% to 11.84% in Sep 2024 quarter
REC Ltd Financials
Index Inclusions
REC Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 52.63% | 0.00 | |
| Foreign Institutions | 21.23% | 3.88 | |
| Mutual Funds | 8.94% | ||
| Retail Investors | 11.84% | ||
| Others | 5.37% |
REC Ltd Key Indicators
REC Ltd Valuation
REC Ltd in the last 5 years
Lowest (2.51x)
June 20, 2022
Today (9.91x)
December 6, 2024
Industry (27.66x)
December 6, 2024
Highest (11.65x)
July 11, 2024
REC Ltd Earnings and Dividends
REC Ltd Earnings Results
REC Ltd’s net profit jumped 6.54% since last year same period to ₹4,037.72Cr in the Q2 2024-2025. On a quarterly growth basis, REC Ltd has generated 16.69% jump in its net profits since last 3-months.
Read More about Earnings ResultsREC Ltd Dividends October,2024
In the quarter ending September 2024, REC Ltd has declared dividend of ₹4 - translating a dividend yield of 3.67%.
Read More about Dividends
REC Ltd Technicals Summary
Bearish
Neutral
Bullish
REC Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on REC Ltd
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REC Ltd (RECLTD) share price today is ₹559.1
REC Ltd is listed on NSE
REC Ltd is listed on BSE
- Today’s highest price of REC Ltd is ₹562.5.
- Today’s lowest price of REC Ltd is ₹544.55.
PE Ratio of REC Ltd is 9.91
PE ratio = REC Ltd Market price per share / REC Ltd Earnings per share
Today’s traded volume of REC Ltd(RECLTD) is 1.06Cr.
Today’s market capitalisation of REC Ltd(RECLTD) is ₹143510.71Cr.
| REC Ltd(RECLTD | Price |
|---|---|
52 Week High | ₹654 |
52 Week Low | ₹386.3 |
REC Ltd(RECLTD) share price is ₹559.1. It is down -14.51% from its 52 Week High price of ₹654
REC Ltd(RECLTD) share price is ₹559.1. It is up 44.73% from its 52 Week Low price of ₹386.3
| REC Ltd(RECLTD | Returns |
|---|---|
1 Day Returns | 14.1% |
1 Month Returns | 5.76% |
3 Month Returns | -5.25% |
1 Year Returns | 41.69% |