REC Limited (NSE: RECLTD)

India flag India · Delayed Price · Currency is INR
607.45
-23.15 (-3.67%)
Sep 6, 2024, 3:30 PM IST
156.36%
Market Cap 1.60T
Revenue (ttm) 195.62B
Net Income (ttm) 146.04B
Shares Out 2.63B
EPS (ttm) 55.46
PE Ratio 10.95
Forward PE n/a
Dividend 20.00 (3.29%)
Ex-Dividend Date Aug 9, 2024
Volume 8,071,385
Open 625.65
Previous Close 630.60
Day's Range 604.00 - 630.90
52-Week Range 239.60 - 654.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

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]

Industry Credit Services
Sector Financials
Founded 1969
Employees 512
Stock Exchange National Stock Exchange of India
Ticker Symbol RECLTD
Full Company Profile

Financial Performance

In 2023, REC Limited's revenue was 189.46 billion, an increase of 20.93% compared to the previous year's 156.67 billion. Earnings were 141.12 billion, an increase of 26.75%.

Financial Statements

News

UBS initiates coverage on PFC, REC with Buy rating, expects both stocks to rally over 16%

UBS has initiated coverage on Power Finance Corporation (PFC) and REC Limited, assigning both stocks a "Buy" rating.

10 days ago - Business Upturn