REC shares decline 0.89% as Sensex climbs

A total of 112,063 shares changed hands on the counter till 01:21PM (IST)

Agencies
India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.
Shares of the REC Ltd. traded at Rs 133.85 on BSE at 01:21PM (IST) on Thursday, down 0.89 per cent from previous close.

The scrip quoted a 52-week low price of Rs 122.2 and a high of Rs 168.7.

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


A total of 112,063 lakh shares changed hands on the counter till 01:21PM (IST).

The stock of REC Ltd. commands a market value of Rs 26384.9 crore.

The stock traded at a price-to-earning (P/E) multiple of 2.84, 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.
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In the BSE500 pack, 135 stocks traded in the green, while 365 stocks were in the red.

Promotor Holding
Promoters held 52.63 per cent in the REC Ltd. as of 30-Sep-2021 while foreign portfolio investors and domestic institutional investors owned 26.82 per cent and 9.48 per cent, respectively.
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