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REC NSEI:RECLTD Stock Report

Last Price

₹633.75

Market Cap

₹1.7t

7D

3.6%

1Y

295.8%

Updated

16 Jul, 2024

Data

Company Financials +

REC Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for REC
Historical stock prices
Current Share Price₹633.75
52 Week High₹654.00
52 Week Low₹159.15
Beta0.77
11 Month Change18.98%
3 Month Change47.61%
1 Year Change295.85%
33 Year Change458.12%
5 Year Change472.88%
Change since IPO1,293.24%

Recent News & Updates

REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jul 12
REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

May 25
Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

Recent updates

REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jul 12
REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

May 25
Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market

Apr 08
REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market

Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?

Mar 12
Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?

REC Limited's (NSE:RECLTD) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Dec 18
REC Limited's (NSE:RECLTD) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Does REC (NSE:RECLTD) Deserve A Spot On Your Watchlist?

Dec 12
Does REC (NSE:RECLTD) Deserve A Spot On Your Watchlist?

Here's Why We Think REC (NSE:RECLTD) Is Well Worth Watching

Sep 13
Here's Why We Think REC (NSE:RECLTD) Is Well Worth Watching

REC (NSE:RECLTD) Has Affirmed Its Dividend Of ₹4.50

Jun 29
REC (NSE:RECLTD) Has Affirmed Its Dividend Of ₹4.50

REC (NSE:RECLTD) Is Increasing Its Dividend To ₹5.00

Nov 01
REC (NSE:RECLTD) Is Increasing Its Dividend To ₹5.00

Do REC's (NSE:RECLTD) Earnings Warrant Your Attention?

Feb 06
Do REC's (NSE:RECLTD) Earnings Warrant Your Attention?

REC's (NSE:RECLTD) Dividend Will Be Reduced To ₹2.50

Oct 31
REC's (NSE:RECLTD) Dividend Will Be Reduced To ₹2.50

Here's Why I Think REC (NSE:RECLTD) Might Deserve Your Attention Today

Oct 17
Here's Why I Think REC (NSE:RECLTD) Might Deserve Your Attention Today

Shareholder Returns

RECLTDIN Diversified FinancialIN Market
7D3.6%3.1%1.1%
1Y295.8%80.2%45.1%

Return vs Industry: RECLTD exceeded the Indian Diversified Financial industry which returned 80.2% over the past year.

Return vs Market: RECLTD exceeded the Indian Market which returned 45.1% over the past year.

Price Volatility

Is RECLTD's price volatile compared to industry and market?
RECLTD volatility
RECLTD Average Weekly Movement10.4%
Diversified Financial Industry Average Movement6.7%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.1%

Stable Share Price: RECLTD's share price has been volatile over the past 3 months.

Volatility Over Time: RECLTD's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1969417Vivek Dewanganwww.recindia.nic.in

REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing (Em) for power sector and coal mines, policy for funding against regulatory assets, and revolving bill payment facility services. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund.

REC Limited Fundamentals Summary

How do REC's earnings and revenue compare to its market cap?
RECLTD fundamental statistics
Market cap₹1.67t
Earnings (TTM)₹141.12b
Revenue (TTM)₹189.49b

11.8x

P/E Ratio

8.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RECLTD income statement (TTM)
Revenue₹189.49b
Cost of Revenue₹2.19b
Gross Profit₹187.30b
Other Expenses₹46.18b
Earnings₹141.12b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)53.59
Gross Margin98.84%
Net Profit Margin74.47%
Debt/Equity Ratio689.7%

How did RECLTD perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

30%

Payout Ratio
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