Finace And Stock

REC shares decline 0.4% as Sensex climbs

Shares of the Ltd. traded at Rs 160.95 on BSE at 11:53AM (IST) on Wednesday, down 0.4 per cent from previous close.

The stock quoted a 52-week low price of Rs 91.9 and a high of Rs 167.75.

Earlier, the stock saw a gap up opening in the morning.

A total of 123,950 lakh shares changed hands on the counter till 11:53AM (IST).

The stock of REC Ltd. commands a market value of Rs 31776.43 crore.

The stock traded at a price-to-earning (P/E) multiple of 3.61, while the price-to-book value ratio stood at 0.6. Return on equity (ROE) was at 19.39 per cent, according to exchange data.

In the BSE500 pack, 275 stocks traded in the green, while 225 stocks were in the red.

Promotor Holding

Promoters held 52.63 per cent in the REC Ltd. as of 30-Jun-2021 while foreign and domestic institutional investors owned 26.15 per cent and 12.51 per cent, respectively.

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