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REC Ltd jumps 1.51%, up for third straight session
18-Dec-18   13:05 Hrs IST

REC Ltd rose for a third straight session today. The stock is quoting at Rs 107.25, up 1.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.31% on the day, quoting at 10854.1. The Sensex is at 36162.26, down 0.3%. REC Ltd has dropped around 13.82% in last one month.

Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has dropped around 2.47% in last one month and is currently quoting at 11441.9, down 0.33% on the day. The volume in the stock stood at 75.02 lakh shares today, compared to the daily average of 126.63 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 107.35, up 1.23% on the day. REC Ltd is down 31.64% in last one year as compared to a 3.74% gain in NIFTY and a 8.38% gain in the Nifty Financial Services index.

The PE of the stock is 3.89 based on TTM earnings ending September 18.

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