REC Ltd soars 1.49%, Gains for third straight session
(13:05, 15 Mar 2019)

REC Ltd is up for a third straight session in a row. The stock is quoting at Rs 139.7, up 1.49% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.77% on the day, quoting at 11430.1. The Sensex is at 38048.6, up 0.78%. REC Ltd has added around 16.71% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has added around 9.16% in last one month and is currently quoting at 12027.3, up 1.18% on the day. The volume in the stock stood at 61.34 lakh shares today, compared to the daily average of 113.45 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 139.9, up 1.6% on the day. REC Ltd is up 8.72% in last one year as compared to a 12.11% gain in NIFTY and a 19.17% gain in the Nifty Financial Services index.

The PE of the stock is 5.09 based on TTM earnings ending December 18.

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