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    REC shares decline 0.44% as Sensex slides

    Synopsis

    A total of 91,640 shares changed hands on the counter till 11:58AM (IST)

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    Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.
    Shares of the Ltd. traded at Rs 146.55 on BSE at 11:58AM (IST) on Monday, down 0.44 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 91.9 and a high of Rs 167.75.

    Earlier, shares of the company saw a gap down opening in the morning.

    Did you Know?

    Stock score of REC Ltd moved down by 2 in a week.

    View Latest Stock Report »

    A total of 91,640 lakh shares changed hands on the counter till 11:58AM (IST).

    The stock of REC Ltd. commands a market value of Rs 28932.55 crore.

    The stock traded at a price-to-earning (P/E) multiple of 3.45, 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, 238 stocks traded in the green, while 262 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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