RECLTD:NSE
REC Ltd
₹337.20
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-0.74%(-2.50) 1D
May 29, 3:30:02 PM GMT+5:30 · INR
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insights_autoGenerating top insights for RECLTD...
Open
₹342.50
High
₹343.65
Low
₹335.00
Mkt. cap
887.92B
Avg. vol.
6.15M
Volume
10.27M
P/E ratio
5.46
52-wk high
₹428.70
52-wk low
₹304.05
EPS
₹61.81
Shares outstanding
1.97B
No. of employees
573
Open
₹342.50
High
₹343.65
Low
₹335.00
Mkt. cap
887.92B
Avg. vol.
6.15M
Volume
10.27M
P/E ratio
5.46
52-wk high
₹428.70
52-wk low
₹304.05
EPS
₹61.81
Shares outstanding
1.97B
No. of employees
573
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Profile
REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India. It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers. It is a subsidiary of Power Finance Corporation and is under administrative control of the Ministry of Power, Government of India.
On 20 March 2019, PFC agreed to acquire a 52.63% controlling stake in REC for ₹14,500 crore. On 28 March, PFC announced it had paid for the acquisition and intended to merge with REC in 2020. However, REC has maintained that merging PFC-REC is no longer an option.
From 1 September 2023, REC has been included in the Morgan Stanley Capital International Global Standard Index.
REC has diversified into non-power infrastructure and logistics, now covering airports, metro, railways, ports, and bridges. REC has 22 regional offices.. Wikipedia
About REC Ltd
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