REC Limited (BOM:532955)
India
· Delayed Price · Currency is INR | Market Cap | 1.13T |
| Revenue (ttm) | 209.46B |
| Net Income (ttm) | 156.20B |
| Shares Out | n/a |
| EPS (ttm) | 59.32 |
| PE Ratio | 7.24 |
| Forward PE | n/a |
| Dividend | 20.40 (4.65%) |
| Ex-Dividend Date | Mar 26, 2025 |
| Volume | 235,300 |
| Average Volume | 418,684 |
| Open | 432.15 |
| Previous Close | 433.00 |
| Day's Range | 428.20 - 439.95 |
| 52-Week Range | 357.45 - 653.90 |
| Beta | n/a |
| RSI | 54.45 |
| Earnings Date | May 15, 2025 |
About REC Limited
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 o... [Read more]
Financial Performance
In 2023, REC Limited's revenue was 189.32 billion, an increase of 20.96% compared to the previous year's 156.51 billion. Earnings were 141.12 billion, an increase of 26.75%.
Financial StatementsNews
REC approves Rs 1.70 lakh crore borrowing plan for FY26; appoints Parminder Chopra as CMD with additional charge
REC Limited, a Maharatna public sector enterprise under the Ministry of Power, has approved a ₹1.70 lakh crore market borrowing programme for the financial year 2025–26. The approval was granted durin...
REC shares jump 2.4% as CLSA maintains ‘Outperform’ rating with target price of Rs 525
REC Ltd shares surged 2.4% after global brokerage firm CLSA reaffirmed its ‘Outperform’ rating with a target price of ₹525. The brokerage remains bullish on REC despite a leadership change at the comp...
REC board declares 4th interim dividend of Rs 3.60 for FY25
REC Limited has announced its 4th interim dividend for the financial year 2024-25. In a board meeting held on March 19, 2025, the company declared a dividend of ₹3.60 per equity share with a face valu...
REC stock jumps 2% after Macquarie reiterates ‘outperform’ call with target price of Rs 700
REC Limited’s stock surged 2% after Macquarie reiterated an ‘outperform’ rating, setting a bullish target price of ₹700, implying a 74% upside from its current market price of ₹401.90. The brokerage f...
REC share price: Macquarie sees 74% upside, sets Rs 700 target with ‘outperform’ call
Macquarie has reiterated an ‘outperform’ rating on REC Limited, setting a target price of ₹700, implying a 74% upside from the current market price of ₹401.90. The brokerage expects 15% annual growth,...
REC Limited Board approves market borrowing program increase to Rs 1.8 lakh crore
REC Limited, a Maharatna company, has announced a significant expansion in its Market Borrowing Programme for the financial year 2024-25. The Board of Directors, in a meeting held on March 7, 2025, ap...
REC shares rise 2.26% as Macquarie reaffirms ‘Outperform’ rating, sets Rs 700 target
Shares of REC Limited (NSE: RECLTD) rose 2.26% to ₹411.30 on March 6, 2025, after Macquarie reaffirmed its ‘Outperform’ rating on Power Finance Corporation (PFC) and REC, stating that the recent weakn...
PFC, REC shares trade higher after CLSA upgrades stocks to ‘high conviction outperform’
Shares of Power Finance Corporation (PFC) and REC Limited gained in early trade on Monday after global brokerage firm CLSA upgraded both stocks to high conviction outperform, citing confidence in thei...
Delhi’s pvt discoms rated A+ for power supply
Delhi's private power distribution companies BSES Rajdhani, BSES Yamuna, and Tata Power Delhi have been rated A+ by REC Limited for their exceptional performance in 2023-24, offering 24-hour electrici...
REC Limited shares fall over 3% as NII misses estimates despite 23% YoY profit growth
Shares of REC Limited fell by over 3% today, trading at ₹426.75, down ₹13.50 from its previous close of ₹440.25, as of 3:23 PM IST. The decline followed the company’s Q3 FY25 results, where its net in...
REC Q3 FY25 results: Net profit up 23% YoY; declares Rs 4.30 interim dividend
REC Limited announced a net profit of ₹4,029 crore for Q3 FY25, marking a 23% increase from ₹3,269 crore reported in the corresponding quarter of the previous year. The company attributed the growth t...
REC shares surge over 3% today after ICICI Securities initiates Buy call with target price of Rs 600
REC Ltd’s stock rose 3% after ICICI Securities issued a ‘Buy’ rating with a target price of ₹600, citing a strong ₹43 lakh crore projects pipeline for power generation and transmission as a key growth...
ICICI Securities initiates ‘Buy’ call on PFC and REC; sees robust growth potential in power financing
ICICI Securities has initiated 'Buy' ratings on Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) with target prices of ₹550 and ₹600, respectively.
REC’s Q3 loan disbursement grows 17.98% YoY, renewable energy loans surge over 58%
REC Limited reported a significant year-on-year growth of 17.98% in loan disbursements for the third quarter of FY24-25, reaching Rs 54,692 crore, up from Rs 46,358 crore in Q3 FY23-24. This robust pe...
Emkay initiates coverage on PFC and REC: Buy ratings with over 25% upside taget – Check details
Emkay Global has initiated coverage on Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) with “Buy” ratings, citing strong growth potential, improved asset quality, and attra...
REC’s market cap rises by Rs. 6,230 crore as shares jump 4.68%
Shares of REC Limited gained 4.68% to trade at Rs. 529.95 in today’s session, boosting the company’s market capitalization by approximately Rs. 6,230 crore. The total market cap now stands at Rs. 1,39...
REC Limited’s market cap gains ₹3,755 crore as shares surge nearly 3%
REC Limited saw its shares climb by 2.91% today, closing at ₹505.25, up from the previous close of ₹490.95. This price increase added approximately ₹3,755 crore to its market capitalization, which now...
REC shares rise nearly 2% as Bernstein sees buying opportunity amid recent correction
Shares of REC Limited rose by 1.84% to trade at ₹500 as of 10:19 AM on Friday. The stock saw renewed buying interest after global brokerage firm Bernstein reiterated its “overweight” rating with a tar...
Correction in PFC, REC shares after Adani Group news is a buying opportunity, says brokerage firm Bernstein
Bernstein has reaffirmed its positive stance on Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) amid a sharp correction in their stocks due to concerns raised by the US SEC...
REC’s market cap declines by Rs 6,697 crore – Know More
REC Limited witnessed a sharp decline of 4.99% today, with its stock price closing at Rs 490.80. This fall resulted in an approximate market cap reduction of Rs 6,697 crore, bringing the total market ...
REC’s market cap surges by Rs 5,527 crore: Know More
Shares of REC Limited experienced a significant rise today, climbing 4.17% to reach Rs 521.90 from its previous close of Rs 501.00. This rally in stock price translated into a market capitalization ga...
ACME Solar shares surge over 5% after securing Rs 3,753 crore REC loan
ACME Solar Holdings Ltd. saw its shares rise by 5.31%, trading at ₹241.00 on the NSE as of 10:11 AM, following the announcement of its wholly-owned subsidiary, ACME Sun Power Private Limited, securing...
Why are ACME Solar shares 8% up? Know More
ACME Sun Power Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Limited, has received a ₹3,753 crore term loan from REC Limited to fund the development of 320 MW Firm and Dispatchable...
ACME Sun Power secures Rs 3,753 crore loan from REC for renewable energy projects in Rajasthan and Gujarat
ACME Sun Power Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Limited, has secured a Rs 3,753 crore term loan from REC Limited to finance the development and construction of 320 MW ...
REC Share Price: Macquarie initiates outperform on REC with target at Rs 660, indicating 28% upside
Macquarie has initiated an outperform rating on REC Limited, setting a target price of ₹660, which implies a potential upside of 28% from the current market price (CMP) of ₹514.85. The brokerage highl...