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REC Ltd rises for third consecutive session | Capital Market News
REC Ltd is trading at Rs 549.8, up 4.64% on the day at 12:49 IST on NSE. The stock has gained 230.71% in the last one year, compared to a 24.81% jump in the NIFTY and a 16.49% jump in the Nifty Financial Services index.
REC Ltd is participating in the third consecutive session today. The stock is trading at Rs 549.8, up 4.64% on the day, at 12:49 pm IST on NSE. The benchmark NIFTY rose around 0.44% on the day to quote 24,116.5. The Sensex is at 79,407.91, up 0.47%. REC Ltd is down about 9.05% in the last month.
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Meanwhile, the Nifty Financial Services index, of which REC Ltd is a constituent, has fallen by around 4.41% over the past month and is currently trading at 23,420.3, up 0.74% on the day. Share volume stood at 139.22 lakh shares today, compared to the daily average of 282.98 lakh shares over the last one month.
The benchmark July futures contract for the stock is quoting at Rs 551.95, up 4.6% on the day. REC Ltd has surged 230.71% in the past one year, compared with a 24.81% jump in the NIFTY and a 16.49% jump in the Nifty Financial Services Index.
The stock’s PE is 9.87 based on TTM’s earnings ending March 24.
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