Share price of REC falls as Nifty strengthens

Share price of REC falls as Nifty strengthens
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Synopsis

A total of 390,802 shares changed hands on the counter till 02:04PM (IST).

ETMarkets.com
Shares of Ltd. slipped 1.89 per cent to Rs 160.85 in Thursday's trade as of 02:04PM (IST).

The stock hit a high price of Rs 165.0 and low of Rs 160.4 during the session.

The return on equity (ROE) for the stock stood at 14.04 per cent. Traded volume on the counter stood at 02:04PM shares and turnover at Rs 6.34 crore around that time.

Did you Know?

Stock score of REC Ltd moved up by 1 in a week.

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The stock of REC Ltd. quoted a 52-week high and 52-week low prices of Rs 167.75 and Rs 91.9, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.27.

Promotor/FII Holding
Promoters held 52.63 per cent stake in the company as of 31-Mar-2021, while FIIs held 26.75 per cent and domestic institutional investors had 12.28 per cent.

Key Financials
The company reported consolidated sales of Rs 9215.76 crore for the quarter ended 31-Mar-2021, up 1.39 per cent from previous quarter's Rs 9089.46 crore and up 16.6 per cent from the year-ago quarter's Rs 7903.56 crore.

Net profit after tax for the latest quarter stood at Rs 2077.84 crore, up 338.37 per cent from the same quarter a year ago.

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