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REC Share Price

(RECLTD)

₹427.854.89%

as on 04:01PM, 01 Feb 2025

Overview
News
Financials
Q3 FY24-25 Results
Technicals
F&O

REC Analyst Rating

based on 11 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 11 analysts offering long term price targets for REC. An average target of ₹672.09

Source: S&P Global Market Intelligence

REC Share analysis

REC price forecast by 11 analysts

Upside of49.40%

High

₹755

Target

₹672.09

Low

₹600

REC target price ₹672.09, a slight upside of 49.4% compared to current price of ₹427.85. According to 11 analysts rating.

Source: S&P Global Market Intelligence

REC Performance

  • Day's Low

    Day's High

    ₹425.4
    Day's Price Range
    ₹460.2
  • 52 Week's Low

    52 Week's High

    ₹408.3
    52-Week Price Range
    ₹654
1 Month Return-11.02 %
3 Month Return-14.61 %
1 Year Return-8.98 %
Previous Close₹449.85
Open₹455.00
Volume94.71L
Upper Circuit-
Lower Circuit-
Market Cap₹1,18,455.58Cr

REC Key Statistics

P/E Ratio7.98
PEG Ratio0.98
Market Cap₹1,18,455.58 Cr
P/B Ratio1.74
EPS53.72
Dividend Yield3.55
SectorFinance
ROE22.17

REC Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,18,455.58 Cr66.02%0.93₹14,145 Cr₹47,517 Cr
BUY₹1,39,429.30 Cr75.85%0.92₹26,461 Cr₹91,508 Cr
SELL₹1,97,256.03 Cr101.73%0.95NANA
NA₹17,275.03 Cr40.66%0.50₹4,243 Cr₹154 Cr

About REC

REC Limited (formerly Rural Electrification Corporation Limited) is a leading public sector company in the financial services sector, primarily focusing on financing power sector projects across India. Incorporated in 1969, REC was established by the Government of India and is headquartered in New Delhi. The company is registered under the Company Identification Number (CIN) L40101DL1969GOI005095. REC provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives, and private sector utilities.

REC operates mainly within India and does not have specific sub-brands, but it offers a broad range of financial products and services, including project financing, loans for transmission and distribution projects, and financial consulting for power infrastructure development. The company plays a crucial role in enhancing India's power sector infrastructure, contributing to projects that improve the availability and quality of electricity in rural and urban areas. A notable fact about REC is its role in financing over 25% of India's installed power generation capacity. Another interesting fact is its significant involvement in the government's electrification initiatives, such as the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) to achieve universal electrification. REC Limited is a subsidiary of Power Finance Corporation Limited (PFC), another leading financial institution in India's power sector.

Share Price: ₹427.85 per share as on 01 Feb, 2025 04:01 PM
Market Capitalisation: ₹1,18,455.58Cr as of today
Revenue: ₹13,706.31Cr as on September 2024 (Q3 24)
Net Profit: ₹4,037.72Cr as on September 2024 (Q3 24)
Listing date: 12 Mar, 2008
Chairperson Name: Vivek Kumar Dewangan
OrganisationREC
HeadquartersNew Delhi
IndustryFinance
E-voting on sharesClick here to vote

Key events for REC Ltd

  • REC Ltd Announces Senior Management Changes - 01 Feb, 2025

    REC Ltd's Board has promoted Smt. Saraswathi to Executive Director following the cessation of Shri Ajay Mathur due to superannuation. Saraswathi previously served as Senior General Manager (Engineering).
  • REC Ltd Gains for Third Straight Session - 31 Jan, 2025

    REC Ltd's stock increased by 2.42%, achieving gains for the third consecutive session. However, it remains down 8.75% over the past year.
  • REC Ltd Invests in Mobile Medical Units for Punjab - 30 Jan, 2025

    REC Ltd has committed Rs 4.29 crore under its CSR initiative for the procurement and deployment of four Mobile Medical Units across four districts in Punjab.
  • RECPDCL Transfers Stake to Adani Energy Solutions - 21 Jan, 2025

    REC Power Development and Consultancy Limited (RECPDCL) has transferred its entire stake in Rajasthan Part I Power Transmission to Adani Energy Solutions for a professional fee of Rs 15 crore, including reimbursement of expenses.
  • REC Ltd Honored for Cultural Contributions - 18 Jan, 2025

    REC Ltd has been recognized by the National Cultural Fund for its exceptional contributions to preserving India's cultural heritage through CSR initiatives, including upskilling women artisans in Gujarat.
  • REC Ltd Receives Buy Recommendation Amid Growth Prospects - 16 Jan, 2025

    REC Ltd is experiencing positive momentum, with a buy recommendation from Axis Securities targeting Rs 530. The stock is currently trading around Rs 492.65, showing investor confidence.
  • CLSA Optimistic on REC Following Asset Resolutions - 15 Jan, 2025

    CLSA has a positive outlook on REC Ltd after the resolution of stressed assets, particularly KSK Mahanadi, leading to a market uptick in REC shares.
  • REC Ltd Receives Positive Ratings and Price Target - 14 Jan, 2025

    ICICI Securities initiates a Buy rating for REC Ltd with a target price of ₹600, highlighting strong growth prospects and a robust project pipeline. REC shares surged following positive market sentiment and reduced exposure to KSK Mahanadi Power.
  • REC Ltd Shows Resilience with Strong Support Levels - 13 Jan, 2025

    REC Ltd's stock reached a high of Rs 492.20, indicating resilience and strong buying interest. Fibonacci levels suggest potential support at Rs 473.32 and Rs 468.87, making it an attractive entry point for investors. With a dividend yield of 3.70%, REC remains appealing for income-focused portfolios.
  • REC Ltd Faces Significant Weekly Decline - 10 Jan, 2025

    REC Ltd shares experienced a 6.5% drop, marking a 15% decline over the week and a 30% correction from recent highs. The stock shows oversold conditions.
  • REC Ltd Seeks $1.4 Billion in Borrowings - 09 Jan, 2025

    REC Ltd is among Indian firms seeking to raise $2.8 billion through external commercial borrowings, with REC specifically aiming for $1.4 billion.
  • REC Ltd Faces Market Pressure and Loan Sale - 07 Jan, 2025

    REC Ltd is experiencing selling pressure amid a market downturn, while also planning to auction bad loans worth Rs 2,848 crore in Corporate Power Ltd.
  • REC Ltd Shares Decline After Winning Streak - 06 Jan, 2025

    On January 6, 2025, REC Ltd. shares fell 4.7%, marking a decline after a four-day winning streak. Analysts anticipate a potential upside of 32%.

Insights on REC Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 3.46K Cr → 4.03K Cr (in ₹), with an average increase of 14.3% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 21.23% to 21.73% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 8 quarters, 9.79K Cr → 13.70K Cr (in ₹), with an average increase of 4.7% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.63% of holdings in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Altius Telecom Infrastructure Trust has given -2.6% return, outperforming this stock by 6.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Indian Railway Finance Corporation Ltd has given 552.0% return, outperforming this stock by 222.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 11.84% to 11.67% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.94% to 8.45% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, RECLTD stock has moved down by -28.1%

REC Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹11,701.26Cr (-)₹12,071.54Cr (↑3.16%)₹12,706.66Cr (↑5.26%)₹13,092.44Cr (↑3.04%)₹13,706.31Cr (↑4.69%)
Net Income₹3,789.90Cr (-)₹3,308.42Cr (↓12.70%)₹4,079.09Cr (↑23.29%)₹3,460.19Cr (↓15.17%)₹4,037.72Cr (↑16.69%)
Net Profit Margin32.39% (-)27.41% (↓15.38%)32.10% (↑17.11%)26.43% (↓17.66%)29.46% (↑11.46%)
Value in ₹ crore
Details2021202220232024
Total Assets₹4,00,579.90Cr (-)₹4,10,821.00Cr (↑2.56%)₹4,65,419.66Cr (↑13.29%)₹5,47,959.82Cr (↑17.73%)
Total Liabilities₹3,57,153.53Cr (-)₹3,59,835.40Cr (↑0.75%)₹4,07,739.99Cr (↑13.31%)₹4,79,176.67Cr (↑17.52%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹32,448.26Cr (-)-₹43,520.42Cr (↑34.12%)-₹871.50Cr (↓98.00%)-₹37,481.66Cr (↑4,200.82%)-₹57,885.22Cr (↑54.44%)

Index Inclusions

Nifty PSE

₹8,995.00

-3.06 (-283.65%)

S&P BSE Bharat 22

₹8,177.69

-1.34 (-111.17%)

Nifty Next 50

₹63,503.10

0.6 (375.75%)

Nifty LargeMidcap 250

₹15,064.40

-0.18 (-27.9%)

NIFTY 100

₹24,056.65

0.01 (3.2%)

S&P BSE PSU

₹17,896.90

-2.69 (-495.03%)

S&P BSE 100 LargeCap TMC

₹8,672.50

0 (-0.33%)

S&P BSE 250 LargeMidCap

₹10,091.94

-0.08 (-8.35%)

S&P BSE Largecap

₹9,039.95

0.04 (3.5%)

S&P BSE Enhanced Value

₹847.28

-1.78 (-15.33%)

Nifty100 Eq Weig

₹30,454.55

-0.06 (-18.85%)

Nifty 500

₹21,581.75

0 (0.85%)

Nifty 200

₹13,056.70

-0.06 (-7.85%)

S&P BSE Fin. Ser

₹11,014.25

-0.37 (-40.46%)

BSE 200

₹10,656.74

-0.08 (-8.55%)

S&P BSE Infra.

₹565.55

-2.81 (-16.36%)

S&P BSE Dividend Stability

₹965.77

-0.71 (-6.94%)

Nifty Financial

₹23,170.25

-0.22 (-50.3%)

S&P BSE Momentum

₹2,061.70

-0.43 (-8.87%)

S&P BSE SEN. N50

₹77,995.68

0.44 (343.06%)

BSE 100

₹24,642.81

0.07 (16.14%)

BSE 500

₹33,953.60

-0.03 (-9.06%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

REC Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.63%
0.00
Foreign Institutions
21.73%
2.40
Mutual Funds
8.45%
-5.43
Retail Investors
11.67%
-1.36
Others
5.5%
2.56

REC Key Indicators

Details20202021202220232024
Return On Assets %1.432.092.442.42.58
Details20202021202220232024
Book Value Per Share (₹)134.42164.08192.75218.6261.25
Details20202021202220232024
Earning Per Share (₹)18.8831.8238.1242.4153.72
Details20202021202220232024
Return On Equity %14.0921.321.2820.3522.17

REC Valuation

REC in the last 5 years

  • Overview

  • Trends

Lowest (2.51x)

June 20, 2022

Today (7.98x)

January 31, 2025

Industry (25.23x)

January 31, 2025

Highest (11.65x)

July 11, 2024

LowHigh

REC Earnings and Dividends

  • REC Ltd Earnings Results

    REC Ltd’s net profit jumped 6.54% since last year same period to ₹4,037.72Cr in the Q2 2024-2025. On a quarterly growth basis, REC Ltd has generated 16.69% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • REC Ltd Dividends October,2024

    In the quarter ending September 2024, REC Ltd has declared dividend of ₹4 - translating a dividend yield of 4.79%.

    Read More about Dividends

REC Technicals Summary

Bearish

Neutral

Bullish

Bearish

REC Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on REC Ltd

What is REC Ltd price today?

REC Ltd share price today stands at ₹427.85, Open: ₹455, Previous Close: ₹449.85, High: ₹460.2, Low: ₹425.4, 52 Week High: ₹654, 52 Week Low: ₹408.3.

How to Buy REC Ltd Share in India?

  • Get a PAN card
  • Open a Demat account
  • Open a Trading account
  • Link your Demat account to your Trading account
  • Fund your Trading account
  • Place an order to buy REC Ltd shares

Is REC Ltd listed on NSE?

REC Ltd is listed on NSE

Is REC Ltd listed on BSE?

REC Ltd is listed on BSE

What are today's High and Low prices of REC Ltd?

  • Today's highest price of REC Ltd is ₹460.2.
  • Today's lowest price of REC Ltd is ₹425.4.

What are today's traded volumes of REC Ltd?

Today's traded volume of REC Ltd(RECLTD) is 94.71L.

What is today's market capitalisation of REC Ltd?

Today's market capitalisation of REC Ltd(RECLTD) is ₹118455.58Cr.

What is the 52 Week High and Low Range of REC Ltd?

REC Ltd (RECLTD)
Price
52 Week High
₹654
52 Week Low
₹408.3

How much percentage REC Ltd is down from its 52 Week High?

REC Ltd (RECLTD) share price is ₹427.85. It is down -34.58% from its 52 Week High price of ₹654

How much percentage REC Ltd is up from its 52 Week low?

REC Ltd (RECLTD) share price is ₹427.85. It is up 4.79% from its 52 Week Low price of ₹408.3

What are the historical returns of REC Ltd?

REC Ltd (RECLTD)
Returns
1 Day Returns
-22%
1 Month Returns
-11.02%
3 Month Returns
-14.61%
1 Year Returns
-8.98%

What is the PE ratio of REC Ltd today?

PE Ratio of REC Ltd is 7.98

PE ratio = REC Ltd Market price per share / REC Ltd Earnings per share