REC share price: REC share price falls as Nifty weakens

Actions of REC Ltd.. fell 1.9 percent to Rs 535.45 in Monday’s trading at 01:58 pm (IST).

The stock touched a high price of Rs 548.6 and a low of Rs 532.0 during the session.

The stock’s return on equity (ROE) stood at 20.56 percent. The trading volume on the counter stood at 01:58 pm shares and the turnover at Rs 4.85 crore at that time.

the stock of REC Ltd.. cited 52-week high and 52-week low prices of Rs 653.9 and Rs 259.5 respectively.

The counter’s Beta value, which measures its volatility relative to the broader market, stood at 1.27.


Promoter/Holding FII
Promoters held 52.63 per cent stake in the company as on September 30, 2024, while foreign investors held 21.22 per cent and domestic institutional investors held 14.18 per cent.

Key finances
The company reported consolidated sales of Rs 13,092.44 crore for the quarter ended June 30, 2024, up 3.04 percent from Rs 12,706.66 crore in the previous quarter and up 18.04 percent than Rs 11,091.77 crore in the year-ago quarter.

The net profit after tax for the last quarter stood at Rs 3,460.19 crore, up 16.58 percent from the same quarter of the previous year.

Source link

Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.

Leave a Comment