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REC SHARE PRICE TODAY

Company details

553.70
575.10
239.60
650.60
6M Return 18.31%
1Y Return 111.80%
Mkt Cap.(Cr) 150,831.07
Volume 10,234,653
Div Yield 2.85%
OI
-
OI Chg %
-
Volume 10,234,653

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REC Shares SWOT Analysis

Strengths (7)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Company reducing Debt
  • Increasing Revenue every Quarter for the past 4 Quarters

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • Decrease in Provision in recent results

Threats (2)

  • Companies with growing costs YoY for long term projects
  • RSI indicating price weakness

Resistance and support

R1 580.7
R2 588.6
R3 602.1
Pivot

567.20

S1 559.3
S2 545.8
S3 537.9
EMA SMA
597.7
589.1
559.3
493.7
601.2
603.4
561.0
501.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-04 503.86 13420702 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-06-04 503.53 13420702 NSE
SOCIETE GENERALE Block Purchase 2024-04-23 434.5 1258494 NSE
Name Category Shares
POWER FINANCE CORPORATION LTD PROMOTER 52.63%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

REC Stocks COMPARISON

Financials( in Cr) REC Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Jio Financial Services Ltd Indian Railway Finance Corporation Ltd
Price 572.80 7,428.30 1,854.85 349.80 167.02
% Change 1.79 1.13 1.18 1.60 0.69
Mcap Cr 150,831.07 459,808.80 296,156.85 222,237.87 218,270.19
Revenue TTM Cr 47,517.36 54,971.56 110,382.29 1,854.68 26,645.47
Net Profit TTM Cr 14,145.46 14,451.17 15,595.36 1,604.55 6,412.10
PE TTM 10.30 30.79 35.47 139.84 33.87
1 Year Return 111.80 0.50 19.69 39.84 97.07
ROCE 10.05 11.92 13.15 0.03 5.73
ROE 22.19 22.05 29.22 0.02 13.66
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 68,791.85 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 23,777.10 46,034.35
LAST 3M 80,557.53 38,855.41
LAST 6M 194,101.40 45,497.69
LAST 12M 328,370.76 104,053.36

REC Information

Stock PE (TTM)
10.3
Promoter Holding
52.63%
Book Value
276.9844
ROCE
10.05%
ROE
22.19%
Description
  • REC Ltd, formerly known as Rural Electrification Corporation Ltd, is an Indian public infrastructure finance company. It finances and promotes power projects across the country. Its date of incorporation is 25 July 1969, and the headquarters are based in New Delhi. The company’s net sales for the March 2022 quarter were Rs. 9,633.37 crore. They were up 4.58% from the net sales of the same quarter the previous year. The company’s market capitalisation on 16 June 2022 stood at Rs. 22,128 crore.

    The company’s code for listing on the Bombay Stock Exchange is 532955 and on the National Stock Exchange is RECLTD. REC Ltd was listed for trading on the exchanges on 12 March 2008.

    REC Ltd is a public sector undertaking. It is a Navratna company and operates under the purview of the Ministry of Power. Its product portfolio includes finance for rural electrification projects and loans to State Electricity Boards, NGOs, Central/State Sector Power Utilities, Rural Electric Cooperatives, and Private Power Developers. The company also provides loan products for financing Renewable Energy projects.

    REC Transmission Projects Company Limited (RECTPCL) and REC Power Distribution Company Limited (RECPDCL) are the subsidiaries of REC Ltd.

    The key people in the company’s management include Shri Vivek Kumar Dewangan as Chairman & Managing Director and Shri Ajoy Choudhary as Director (Finance). The other board members include Shri Vishal Kapoor, Smt Durgesh Nandini, Smt Parminder Chopra, Dr Manoj M. Pande, and Dr Gambheer Singh. The auditors are OP Bagla & Co. LLP and SK Mittal & Co.

Registered Address

Core-4 SCOPE Complex, 7 Lodi Road, New Delhi, New Delhi, 110003

Tel : 91-11-24365161
Email : complianceofficer:recl.nic.in; reccorp:recl.nic.in
Website : http://www.recindia.nic.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532955
NSE Code : RECLTD
Book Closure Date (Month) :
BSE Group : A
ISIN : INE020B01018

REC SHARES FAQs

You can buy REC shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy REC Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 12, 2024 04:00 PM the closing price of REC was Rs.572.80.

The latest PE ratio of REC as of Sep 12, 2024 04:00 PM is 10.30

The latest PB ratio of REC as of Sep 12, 2024 04:00 PM is 0.48

The 52-week high of REC share price is Rs. 650.60 while the 52-week low is Rs. 239.60

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 12, 2024 04:00 PM, the market cap of REC stood at Rs. 150,831.07 Cr.

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