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    REC shares rise 0.11% as Sensex climbs

    Synopsis

    A total of 95,258 shares changed hands on the counter till 12:46PM (IST)

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    Nifty on Wednesday halted a falling spree and formed a bullish candle on the daily chart.

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    Shares of the Ltd. traded at Rs 130.8 on BSE at 12:46PM (IST) on Friday, up 0.11 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 83.7 and a high of Rs 156.85.

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

    A total of 95,258 lakh shares changed hands on the counter till 12:46PM (IST).

    The stock of REC Ltd. commands a market value of Rs 25851.68 crore.

    The stock traded at a price-to-earning (P/E) multiple of 3.82, while the price-to-book value ratio stood at 0.5. Return on equity (ROE) was at 14.04 per cent, according to exchange data.

    In the BSE500 pack, 296 stocks traded in the green, while 204 stocks were in the red.

    Promotor Holding
    Promoters held 52.63 per cent in the REC Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 26.75 per cent and 12.28 per cent, respectively.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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