Share price of REC Ltd. as Nifty weakens

A total of 109,513 shares changed hands on the counter till 11:33AM (IST).

It is the second largest discount broker at present after Zerodha, which is the largest broker among full service and discount category.
Shares of REC Ltd. 0.0 per cent to Rs 106.7 in Friday's trade as of 11:33AM (IST).

The stock hit a high price of Rs 108.75 and low of Rs 106.2 during the session.

The return on equity (ROE) for the stock stood at 14.04 per cent. Traded volume on the counter stood at 11:33AM shares and turnover at Rs 1.17 crore around that time.


The stock of REC Ltd. quoted a 52-week high and 52-week low prices of Rs 157.25 and Rs 79.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.27.

Promotor/FII Holding
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Promoters held 52.63 per cent stake in the company as of 30-Jun-2020, while FIIs held 26.59 per cent and domestic institutional investors had 9.3 per cent.

Key Financials
The company reported consolidated sales of Rs 7757.78 crore for the quarter ended 31-Mar-2020, up 2.97 per cent from previous quarter's Rs 7533.8 crore and up 18.38 per cent from the year-ago quarter's Rs 6553.37 crore.

Net profit after tax for the latest quarter stood at Rs 473.99 crore, down 62.16 per cent from the same quarter a year ago.
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