REC Ltd rose for a third straight session today. The stock is quoting at Rs 486.25, up 1.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77056.18, up 0.43%. REC Ltd has dropped around 11.68% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has dropped around 6.26% in last one month and is currently quoting at 22680.1, up 1.26% on the day. The volume in the stock stood at 33.89 lakh shares today, compared to the daily average of 77.27 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 488.1, up 1.53% on the day. REC Ltd is up 14.04% in last one year as compared to a 8.08% gain in NIFTY and a 11.87% gain in the Nifty Financial Services index.The PE of the stock is 8.55 based on TTM earnings ending September 24.Powered by Capital Market - Live

Of this, renewable energy loans aggregated to Rs 6,314 crore, up 58.09% YoY in disbursals for Q3 FY24-25, compared with Rs 3,994 crore disbursed in Q3 FY23-24. For the nine months ended on 31 December 2024, REC has disbursed loans worth Rs 1,45,647 crore, up 19.3% YoY. The quantum of renewable energy loans stood at Rs 17,612 crore, up 78.68% YoY. REC, a Navratna company under the Ministry of Power, provides financial assistance to the power sector in all segments. It funds its business with market borrowings of various maturities, including bonds and term loans, apart from foreign borrowings. REC reported a 6.54% rise in consolidated net profit to Rs 4,037.72 crore on a 17.23% increase in revenue from operations to Rs 13,682.43 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

REC Ltd is up for a third straight session today. The stock is quoting at Rs 513.55, up 1.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.29% on the day, quoting at 24048.55078125. The Sensex is at 79487.22, up 1.25%. REC Ltd has slipped around 4.85% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has slipped around 1.74% in last one month and is currently quoting at 23619.95, up 1.07% on the day. The volume in the stock stood at 46.9 lakh shares today, compared to the daily average of 61.45 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 517, up 1.67% on the day. REC Ltd is up 21.25% in last one year as compared to a 11.76% jump in NIFTY and a 12.31% jump in the Nifty Financial Services index.The PE of the stock is 9.03 based on TTM earnings ending September 24.Powered by Capital Market - Live

REC announced that the term of Dr. Durgesh Nandini as Part-time Non-Official (Independent) Director has ended on 26 December 2024 and she ceased to be Director of REC with effect from 27 December 2024. Powered by Capital Market - Live

The newly incorporated entity, Rajgarh III Power Transmission is also a subsidiary of REC. The company has been incorporated for transmission system for evacuation of power from RE projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III. Rajgarh III Power Transmission has been incorporated on December 24, 2024 with a paid up capital of Rs 5 lakh. After selection of the successful bidder in accordance with the Tariff Based Competitive Bidding (TBCB) guidelines, said company would be transferred to the successful bidder along with all assets & liabilities. RECPDCL acts as the 'BPC' for selection of transmission service provider through TBCB process, for independent inter-state and intra-state transmission project assigned by the Ministry of Power and State Governments from time to time. REC, a Navratna company under the Ministry of Power, provides financial assistance to the power sector in all segments. It funds its business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings. REC reported 6.54% rise in consolidated net profit to Rs 4,037.72 crore on 17.23% increase in revenue from operations to 13,682.43 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

REC Ltd lost 2.99% today to trade at Rs 521.2. The BSE India Infrastructure Index index is down 2.26% to quote at 611.77. The index is up 0.35 % over last one month. Among the other constituents of the index, Power Finance Corporation Ltd decreased 2.85% and Rail Vikas Nigam Ltd lost 2.63% on the day. The BSE India Infrastructure Index index went up 34.95 % over last one year compared to the 12.09% surge in benchmark SENSEX. REC Ltd has added 0.94% over last one month compared to 0.35% gain in BSE India Infrastructure Index index and 1.87% rise in the SENSEX. On the BSE, 24662 shares were traded in the counter so far compared with average daily volumes of 2.98 lakh shares in the past one month. The stock hit a record high of Rs 653.9 on 12 Jul 2024. The stock hit a 52-week low of Rs 389.05 on 21 Dec 2023.Powered by Capital Market - Live

REC Ltd rose for a fifth straight session today. The stock is quoting at Rs 563.6, up 0.8% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.19% on the day, quoting at 24630.25. The Sensex is at 81569.31, down 0.17%. REC Ltd has added around 6.67% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has added around 3.54% in last one month and is currently quoting at 24703.7, up 0.43% on the day. The volume in the stock stood at 41.32 lakh shares today, compared to the daily average of 92.32 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 564.95, up 0.82% on the day. REC Ltd is up 38.02% in last one year as compared to a 17.3% gain in NIFTY and a 16.94% gain in the Nifty Financial Services index.The PE of the stock is 9.99 based on TTM earnings ending September 24.Powered by Capital Market - Live

REC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 529, up 0.5% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.01% on the day, quoting at 24030.45. The Sensex is at 79346.41, down 1.11%. REC Ltd has dropped around 3.38% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has dropped around 1.22% in last one month and is currently quoting at 24171.55, down 0.45% on the day. The volume in the stock stood at 45.06 lakh shares today, compared to the daily average of 93.99 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 528.65, up 0.53% on the day. REC Ltd is up 54.27% in last one year as compared to a 19.57% spurt in NIFTY and a 20.31% spurt in the Nifty Financial Services index.The PE of the stock is 9.41 based on TTM earnings ending September 24.Powered by Capital Market - Live

REC announced the incorporation of two step-down subsidiaries (incorporated by wholly owned subsidiary of the company REC Power Development) - WRNES Talegaon Power Transmission and Khavda V-BIB2 Power Transmission. Powered by Capital Market - Live

REC announced the cessation of Dr. Gambheer Singh and Dr. Manoj Manohar Pande as Directors of the company with effect from 15 November 2024. Powered by Capital Market - Live