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 Ratio | 2.02 |
| Industry P/E | 18.80 |
| Debt to Equity | 6.74 |
| ROE | 20.11% |
| EPS (TTM) | 49.87 |
| Dividend Yield | 2.52% |
| Book Value | 247.95 |
| Face Value | 10 |
| 52-Week Low | 110.45 |
| 52-Week High | 511.80 |
REC Ltd Promotors Ownership from 2022 to 2023
| Dec 2023 | 52.63% |
| Sep 2023 | 52.63% |
| Jun 2023 | 52.63% |
| Mar 2023 | 52.63% |
| Dec 2022 | 52.63% |
FII Share Holding in REC Ltd from 2022 to 2023
| Dec 2023 | 20.60% |
| Sep 2023 | 20.36% |
| Jun 2023 | 21.90% |
| Mar 2023 | 21.49% |
| Dec 2022 | 21.47% |
DII Share Holding in REC Ltd from 2022 to 2023
| Dec 2023 | 4.68% |
| Sep 2023 | 4.26% |
| Jun 2023 | 4.29% |
| Mar 2023 | 4.34% |
| Dec 2022 | 4.21% |
REC Ltd Financials for Past 5 Years
| Year | Revenue (in Cr.) | Profit (in Cr.) |
|---|---|---|
| 2023 | ₹39,520 | ₹11,167 |
| 2022 | ₹39,339 | ₹10,036 |
| 2021 | ₹35,576 | ₹8,378 |
| 2020 | ₹30,007 | ₹4,972 |
| 2019 | ₹25,471 | ₹5741 |
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