RECLTD
₹342.9
3.85 (1.14%)
As on 29 November, 2023 | 20:36 BSE: 532955 NSE: RECLTDISIN: INE020B01018

Rec Performance

Day Range

  • Low 339.25
  • High 346.65
₹ 342.9

52 Week Range

  • Low 108.00
  • High 351.00
₹ 342.9
  • Open Price341.50
  • Previous Close339.05
  • Volume8756635

Start SIP in REC

Start SIP

Rec Share Price

  • Over 1 Month 25.58%
  • Over 3 Month 40.33%
  • Over 6 Month 152.41%
  • Over 1 Year 213.29%

Rec Key Statistics

P/E Ratio 7.1
PEG Ratio 0.3
Market Cap Cr 90,293
Price to Book Ratio 1.6
EPS 42
Dividend 4.1
Relative Strength Index 69.31
Money Flow Index 68.2
MACD Signal 14.68
Average True Range 10.28

Rec Investment Rating

  • Master Rating:
  • REC has an operating revenue of Rs. 42,800.62 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of 35% is great, ROE of 19% is exceptional. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 77% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 94 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 14 indicates it belongs to a strong industry group of Financial Svcs-Specialty and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

REC Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 11,39310,6899,9959,7809,6889,3749,315
Operating Expenses Qtr Cr 188139129306561642656
Operating Profit Qtr Cr 12,14910,76310,3049,6839,1558,3148,170
Depreciation Qtr Cr 6666665
Interest Qtr Cr 7,3507,0506,4976,1355,7295,3775,353
Tax Qtr Cr 1,034751810681701492545
Net Profit Qtr Cr 3,7732,9613,0012,8782,7282,4472,288
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 39,25339,230
Operating Expenses Annual Cr 1,7524,735
Operating Profit Annual in Cr 37,45634,398
Depreciation Cr 2418
Interest Annual Cr 23,73822,053
Tax Annual Cr 2,6842,379
Net Profit Annual Cr 11,05510,046
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -37,482-3,963
Cash from Investing Activity Annual Cr -804-210
Cash from Financing Annual Activity Cr 38,1113,159
Net Cash Flow Annual Cr -175-1,014
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 57,08850,427
Fixed Assets Annual Cr 643634
Total Non Current Assets Annual Cr 4,2863,994
Total Current Assets Annual Cr 460,591406,418
Total Assets Annual Cr 464,877410,413
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 217255
ROE Annual % 1920
ROCE Annual % 1211
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 9688
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 11,39910,6929,9989,7829,6909,3769,317
Operating Expenses Qtr Cr 275251161320575667676
Operating Profit Qtr Cr 12,18110,77110,3929,7379,1628,3238,196
Depreciation Qtr Cr 6666665
Interest Qtr Cr 7,3507,0496,4966,1345,7285,3765,353
Tax Qtr Cr 1,048753836695704496556
Net Profit Qtr Cr 3,7902,9683,0652,9152,7322,4542,301
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 39,52039,339
Operating Expenses Annual Cr 1,8654,828
Operating Profit Annual in Cr 37,61334,441
Depreciation Cr 2418
Interest Annual Cr 23,73322,051
Tax Annual Cr 2,7312,395
Net Profit Annual Cr 11,16710,036
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -37,360-3,910
Cash from Investing Activity Annual Cr -943-287
Cash from Financing Annual Activity Cr 38,1233,159
Net Cash Flow Annual Cr -180-1,038
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 57,52950,756
Fixed Assets Annual Cr 644634
Total Non Current Assets Annual Cr 4,3314,055
Total Current Assets Annual Cr 461,171406,805
Total Assets Annual Cr 465,503410,860
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 218257
ROE Annual % 1920
ROCE Annual % 1212
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 9588

Rec Technicals

EMA & SMA

Current Price
₹342.9
3.85 (1.14%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹325.88
  • 50 Day
  • ₹298.61
  • 100 Day
  • ₹261.99
  • 200 Day
  • ₹215.59
  • 20 Day
  • ₹325.40
  • 50 Day
  • ₹297.61
  • 100 Day
  • ₹254.07
  • 200 Day
  • ₹192.41

Rec Resistance and Support

PIVOT
₹342.94
Resistance
First Resistance 346.62
Second Resistance 350.33
Third Resistance 354.02
RSI 69.31
MFI 68.20
MACD Single Line 14.68
MACD 14.41
Support
First Resistance 339.22
Second Resistance 335.53
Third Resistance 331.82

Rec Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 9,220,240 416,939,253 45.22
Week 8,883,183 391,748,381 44.1
1 Month 14,952,298 474,585,945 31.74
6 Month 18,781,023 718,749,735 38.27

Rec Result Highlights

REC Synopsis

NSE-Financial Svcs-Specialty

Rec is involved in the business activities of Other credit granting. Company’s Total Operating Revenue is Rs. 39208.06 Cr. and Equity Capital is Rs. 2633.22 Cr. for the Year ended 31/03/2023. REC Ltd. is a Public Limited Listed company incorporated on 25/07/1969 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L40101DL1969GOI005095 and registration number is 005095.
Market Cap 90,109
Sales 42,343
Shares in Float 123.76
No of funds 725
Yield 4.16
Book Value 1.56
U/D Vol ratio 1.4
LTDebt / Equity 427
Alpha 0.43
Beta 1.54

REC

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 52.63%52.63%52.63%52.63%
Mutual Funds 8.74%7.13%7.33%7.77%
Insurance Companies 4.24%4.21%4.26%4.13%
Foreign Portfolio Investors 20.36%21.9%21.52%21.5%
Financial Institutions/ Banks 0.02%0.08%0.08%0.08%
Individual Investors 10.07%10.53%11.06%10.8%
Others 3.94%3.52%3.12%3.09%

REC Management

Name Designation
Mr. Vivek Kumar Dewangan Chairman & Managing Director
Mr. Ajoy Choudhury Director - Finance
Mr. V K Singh Director - Projects
Mr. Narayanan Thirupathy Independent Director
Dr. Manoj Manohar Pande Independent Director
Dr. Durgesh Nandini Independent Director
Dr. Gambheer Singh Independent Director
Mr. Piyush Singh Government Nominee Director
Mr. Manoj Sharma Nominee Director

Rec Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rec Corporate Action

Date Purpose Remarks
2023-11-30 Others Inter-alia, will consider a proposal for revision in market borrowing programme of the Company for the financial year 2023-24. to consider a proposal for raising of funds through issue of unsecured/secured non-convertible bonds/debentures through Private Placement, upto an amount of Rs. 75,000 crore.
2023-11-01 Quarterly Results & Interim Dividend
2023-07-26 Quarterly Results & Interim Dividend
2023-05-17 Audited Results
2023-01-30 Quarterly Results & Interim Dividend Inter-alia, to consider a proposal for revision in market borrowing programme of the Company for the financial year 2022-23. to consider a proposal for raising of funds through issue of unsecured/secured non-convertible bonds/debentures through Private Placement, upto an amount of Rs. 75,000 crore.
Date Purpose Remarks
2023-11-13 INTERIM Rs.3.50 per share(35%)Second Interim Dividend
2023-08-14 INTERIM Rs.3.00 per share(30%)Interim Dividend
2023-07-14 FINAL Rs.4.35 per share(43.5%)Final Dividend
2023-02-09 INTERIM Rs.3.25 per share (32.50%) Second Interim Dividend
2022-11-09 INTERIM Rs.5.00 per share(50%)Interim Dividend
Date Purpose Remarks
2022-08-18 Bonus Rs.0.00 issue in the ratio of 1:3 of Rs. 10/-.

REC MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 63,981
HDFC Mid-Cap Opportunities Fund Growth 47,846
Kotak Equity Arbitrage Fund Growth 28,958
HDFC Top 100 Fund Growth 25,773
SBI Arbitrage Opportunities Fund Regular Growth 22,370

REC FAQs

What is Share Price of REC ?

REC share price is ₹342 As on 29 November, 2023 | 20:22

What is the Market Cap of REC ?

The Market Cap of REC is ₹90293.3 Cr As on 29 November, 2023 | 20:22

What is the P/E ratio of REC ?

The P/E ratio of REC is 7.1 As on 29 November, 2023 | 20:22

What is the PB ratio of REC ?

The PB ratio of REC is 1.6 As on 29 November, 2023 | 20:22

Q2FY23