REC Ltd Share Price (30 January 2024)
REC Ltd Share Price (30 January 2024)

REC Ltd Share Price (RECLTD:NSE): Today, as soon as the stock market opened, shares of REC Ltd began trading at a price of ₹504, whereas on January 29, 2024, it closed at ₹499. There was significant fluctuation throughout the day in REC Ltd stock, which benefited many traders and investors. The stock reached a 52-week high of ₹511.80 and a low of ₹488.45 today before closing at ₹492.05.

Due to the considerable fluctuations in its price, intraday traders managed to earn substantial profits in a short amount of time, capitalizing on every rise in price by initiating selling.

REC Ltd Share’s Past Performance, Return and Future Prediction

REC Ltd stock has been performing well for quite some time. Over the past 5 years, it has yielded a CAGR of 40.17%, with a nearly 330% return in the last year alone. However, there are concerns about its profitability in the upcoming year, 2025. Currently, it ranks fifth in its industry, and investing in this company’s stock could lead to significant profits in a short time. This stock is suitable for both delivery-based and intraday traders.

Let’s Delve into some details about REC Ltd

REC Ltd is an infrastructure finance company in India that provides long-term, medium-term, and short-term loans to state electricity boards and private companies.

Also read: IRFC Share Price Target: 2024, 2025, 2026, 2030, 2040

Rec Ltd Fundamentals

Market Cap₹1,31,595 cr
P/E Ratio (TTM)19.02
P/B Ratio2.02
Industry P/E18.80
Debt to Equity6.74
EPS (TTM)49.87
Dividend Yield2.52%
Book Value247.95
Face Value10
52-Week Low110.45
52-Week High511.80

REC Ltd Promotors Ownership from 2022 to 2023

Dec 202352.63%
Sep 202352.63%
Jun 202352.63%
Mar 202352.63%
Dec 202252.63%

FII Share Holding in REC Ltd from 2022 to 2023

Dec 202320.60%
Sep 202320.36%
Jun 202321.90%
Mar 202321.49%
Dec 202221.47%

DII Share Holding in REC Ltd from 2022 to 2023

Dec 20234.68%
Sep 20234.26%
Jun 20234.29%
Mar 20234.34%
Dec 20224.21%

REC Ltd Financials for Past 5 Years

YearRevenue (in Cr.)Profit (in Cr.)

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