REC
Rec Performance
Day Range
- Low 339.25
- High 346.65
52 Week Range
- Low 108.00
- High 351.00
- Open Price341.50
- Previous Close339.05
- Volume8756635
Start SIP in REC
Start SIPRec 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
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 11,393 | 10,689 | 9,995 | 9,780 | 9,688 | 9,374 | 9,315 |
Operating Expenses Qtr Cr | 188 | 139 | 129 | 306 | 561 | 642 | 656 |
Operating Profit Qtr Cr | 12,149 | 10,763 | 10,304 | 9,683 | 9,155 | 8,314 | 8,170 |
Depreciation Qtr Cr | 6 | 6 | 6 | 6 | 6 | 6 | 5 |
Interest Qtr Cr | 7,350 | 7,050 | 6,497 | 6,135 | 5,729 | 5,377 | 5,353 |
Tax Qtr Cr | 1,034 | 751 | 810 | 681 | 701 | 492 | 545 |
Net Profit Qtr Cr | 3,773 | 2,961 | 3,001 | 2,878 | 2,728 | 2,447 | 2,288 |
Rec Technicals
EMA & SMA

- 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
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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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 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