RECLTD Stock Overview
Engages in the provision of financing services for power generation, transmission, and distribution projects in India.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
REC Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹625.20 |
| 52 Week High | ₹654.00 |
| 52 Week Low | ₹193.65 |
| Beta | 0.77 |
| 11 Month Change | 15.95% |
| 3 Month Change | 12.08% |
| 1 Year Change | 213.30% |
| 33 Year Change | 437.46% |
| 5 Year Change | 491.21% |
| Change since IPO | 1,274.44% |
Recent News & Updates
Recent updates
REC (NSE:RECLTD) Is Due To Pay A Dividend Of ₹3.50
Aug 01
REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jul 12Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified
May 25REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market
Apr 08Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?
Mar 12REC Limited's (NSE:RECLTD) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Dec 18Does REC (NSE:RECLTD) Deserve A Spot On Your Watchlist?
Dec 12Here's Why We Think REC (NSE:RECLTD) Is Well Worth Watching
Sep 13REC (NSE:RECLTD) Has Affirmed Its Dividend Of ₹4.50
Jun 29REC (NSE:RECLTD) Is Increasing Its Dividend To ₹5.00
Nov 01Do REC's (NSE:RECLTD) Earnings Warrant Your Attention?
Feb 06Shareholder Returns
| RECLTD | IN Diversified Financial | IN Market | |
|---|---|---|---|
| 7D | 2.8% | 2.4% | 2.8% |
| 1Y | 213.3% | 74.2% | 47.6% |
Return vs Industry: RECLTD exceeded the Indian Diversified Financial industry which returned 74.2% over the past year.
Return vs Market: RECLTD exceeded the Indian Market which returned 47.6% over the past year.
Price Volatility
| RECLTD volatility | |
|---|---|
| RECLTD Average Weekly Movement | 10.1% |
| Diversified Financial Industry Average Movement | 6.9% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in IN Market | 9.6% |
| 10% least volatile stocks in IN Market | 4.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 512 | Vivek Dewangan | www.recindia.nic.in |
REC Limited, together with its subsidiaries, engages in the provision of 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 for power sector and coal mines; policy for funding against regulatory assets, and revolving bill payment facility services; and provides letter of undertaking in lieu of bank guarantee, etc. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Pradhan Mantri Surya Ghar Muft Bujli Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; provides project implementation and consultancy services in power sector; and operates National Feeder Monitoring System, a cloud-based IT and analytical platform, designed to monitor the reliability and quality of power.
REC Limited Fundamentals Summary
| RECLTD fundamental statistics | |
|---|---|
| Market cap | ₹1.70t |
| Earnings (TTM) | ₹146.04b |
| Revenue (TTM) | ₹195.62b |
11.3x
P/E Ratio8.4x
P/S RatioIs RECLTD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RECLTD income statement (TTM) | |
|---|---|
| Revenue | ₹195.62b |
| Cost of Revenue | ₹1.45b |
| Gross Profit | ₹194.17b |
| Other Expenses | ₹48.12b |
| Earnings | ₹146.04b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 55.46 |
| Gross Margin | 99.26% |
| Net Profit Margin | 74.66% |
| Debt/Equity Ratio | 676.5% |
How did RECLTD perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield35%
Payout RatioDoes RECLTD pay a reliable dividends?
See RECLTD dividend history and benchmarks| REC dividend dates | |
|---|---|
| Ex Dividend Date | Aug 09 2024 |
| Dividend Pay Date | Aug 23 2024 |
| Days until Ex dividend | 7 days |
| Days until Dividend pay date | 21 days |
Does RECLTD pay a reliable dividends?
See RECLTD dividend history and benchmarks