The counter has had a complete traded quantity of 87914 shares to this point with a worth of Rs 4.23 crore on the NSE. It traded at a price-to-earnings a number of of 8.49 and a price-to-book ratio of 1.73.
A better price-to-earnings ratio exhibits buyers are prepared to pay the next worth for per rupee earnings given by the inventory due to higher future development expectations.
The value-to-book worth signifies the inherent worth of an organization and displays the worth buyers are prepared to pay even for no development within the enterprise.
The scrip 4.6 per cent in the course of the previous one yr, whereas the 30-share index superior 7.429999828338623 per cent throughout the identical interval.
REC Ltd. belongs to the Time period Lending – Energy business. Promotor/FII Holding
Promoters held 52.63 per cent stake within the firm as of 31-Dec-2024, whereas FIIs and home institutional buyers possession stood at 21.73 per cent and eight.45 per cent, respectively.
Key Financials
The agency reported consolidated gross sales of Rs 13706.3100 crore for the quarter ended 30-Sep-2024, 4.69 per cent from the earlier quarter’s Rs 13092.4400 crore and 17.14 per cent from the year-ago quarter’s Rs 11701.2600 crore.
for the newest quarter stood at Rs 4037.72 crore, 6.54 per cent from the identical quarter a yr in the past.