Share price of REC rises as Nifty strengthens

Shares of Ltd. gained 0.8 per cent to Rs 151.05 in Tuesday’s trade as of 12:14PM (IST).

The stock hit a high price of Rs 152.0 and low of Rs 149.35 during the session.

The return on equity (ROE) for the stock stood at 19.14 per cent. Traded volume on the counter stood at 12:14PM shares and turnover at Rs 1.63 crore around that time.

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 30-Jun-2021, while overseas investors held 26.15 per cent and domestic institutional investors had 12.51 per cent.

Key Financials

The company reported consolidated sales of Rs 9639.98 crore for the quarter ended 30-Jun-2021, up 4.6 per cent from previous quarter’s Rs 9215.76 crore and up 14.11 per cent from the year-ago quarter’s Rs 8448.08 crore.

Net profit after tax for the latest quarter stood at Rs 2268.16 crore, up 22.92 per cent from the same quarter a year ago.

Source link

Share Market Today