Rec ltd share price

Description • REC Ltd, formerly known as Rural Electrification Corporation Ltd, is an Indian public infrastructure finance company. It finances and promotes power projects across the country. Its date of incorporation is 25 July 1969, and the headquarters are based in New Delhi. The company’s net sales for the March 2022 quarter were The company’s code for listing on the Bombay Stock Exchange is 532955 and on the National Stock Exchange is RECLTD. REC Ltd was listed for trading on the exchanges on 12 March 2008. REC Ltd is a public sector undertaking. It is a Navratna company and operates under the purview of the Ministry of Power. Its product portfolio includes finance for rural electrification projects and loans to State Electricity Boards, NGOs, Central/State Sector Power Utilities, Rural Electric Cooperatives, and Private Power Developers. The company also provides loan products for financing Renewable Energy projects. REC Transmission Projects Company Limited (RECTPCL) and REC Power Distribution Company Limited (RECPDCL) are the subsidiaries of REC Ltd. The key people in the company’s management include Shri Vivek Kumar Dewangan as Chairman & Managing Director and Shri Ajoy Choudhary as Director (Finance). The other board members include Shri Vishal Kapoor, Smt Durgesh Nandini, Smt Parminder Chopra, Dr Manoj M. Pande, and Dr Gambheer Singh. The auditors are OP Bagla & Co. LLP and SK Mittal & Co. When it comes to REC Ltd.’s share price, on 16 June 2022, REC’s share pri...

REC Limited is an India-based infrastructure finance company. The Company's main business is to provide finance to power sector. The Company's principal products include interest-bearing loans to state electricity boards, state power utilities/state power departments and private sector for all segments of power infrastructure. It is engaged in financing projects and schemes of various power sector value chain, including generation (both conventional and renewable energy), transmission, distribution, rural electrification and activities having forward or backward linkage with power projects. It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities through its network of approximately 22 offices. The Company also acts as the nodal agency or project implementing agency for various schemes and programs of the Ministry of Power, Government of India.;

NSE: RECLTD Share Price Financial Analysis & Valuation REC Ltd. (RECLTD) is broadly categorized in REC Ltd. is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise. REC Ltd. is also traded in Future & Options (Derivative segment of NSE). REC Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. RECLTD is also listed in Top 50 NIFTY Dividend Opportunities Company List. In the past 1 year, REC Ltd. has declared an equity dividend of Rs 8.25 per share. At the current share price of RECLTD at Rs 151.55, this results in a dividend yield of 5.44 %. As per the Fundamental Analysis of NSE:RECLTD, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RECLTD underlying value and future prospects. All of this data is available in RECLTD financial statements. Quality of the Stock: As per the fundamental analysis of NSE:RECLTD, it is clearly understood that RECLTD is Outstanding performer in terms of earnings and profit margins with an EPS of 41.98. NSE:RECLTD book value per share as of today is 193.62. The current price to book ratio for RECLTD as of Jun 16, 2023 is 0.78. Valuation of the Stock: The current valuation of RECLTD stock is like Iron which means currently the stock is Inexpensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RECLTD whether to BUY this stock...

REC Ltd.: Share Price, Stock Analysis, Annual Report | Value Research REC Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/44131/rec-ltd/ Get REC Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers term-loan, medium-term loan, and short-terms loan. The company also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universal household electrification, Deen Dayal Upadhyaya Gram Jyoti Yojana, National Electricity Fund, Outage Management System, and 11kv Rural Feeder Monitoring Scheme, as well as acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.

• Company has a healthy Return on Equity (ROE) track record of 19.0256034984335%. • The company is trading at 0.481714550877304 times the book value • Operating Income has grown well for the company over past 3 years: 3 years CAGR 15.6458411895596%. • The company has delivered substantial profit growth of 0% over past 3 years. • Promoters shareholding is 52.63%. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Operating Revenue 9580.1 9459.9 9940 9694.89 10113.27 Other Income 21.47 8.61 8.55 16.82 10.69 Interest Expended 5353.08 5376.69 5728.67 6134.96 6497.34 Operating Expenses 1409.94 1146.38 785 11.69 -190.85 Total Provisions 0 0 0 0 0 Depreciation 5.43 5.89 5.85 6.1 6.25 Profit Before Tax 2833.12 2939.55 3429.03 3558.96 3811.22 Tax 545.24 492.29 700.65 680.88 810.31 Net Profit 2287.88 2447.26 2728.38 2878.08 3000.91 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Operating Income 22454.62 25309.72 29812.93 35387.89 39145.27 Other Income 26.12 34.44 63.92 22.55 97.96 Interest 13338.74 15659.56 19002.98 21491.91 22055.81 Operating Expenses 284.08 337.45 290.87 252.41 284.96 Total Provisions 2973.77 1246.65 3599.71 2909.99 4477.56 Exceptional Items 0 0 0 0 0 Profit Before Tax 5884.15 8100.5 6983.29 10756.13 12424.9 Tax 1464.26 2336.78 2097.13 2394.35 2378.98 Profit After Tax 4419.89 5763.72 4886.16 8361.78 10045.92 Adjusted EPS (Rs.) 16.79 21.89 18.56 31.75 38.15 ...

Brokerage/Analyst Report Date Call Price@Call Target Current Status Report Edelweiss - 28-05-2019 Hold 143.70 154.00 Target Hit ICICI Securities - 01-06-2017 Buy 193.25 270.00 Closed Kotak - 18-04-2017 Sell 203.25 180.00 Target Hit Edelweiss - 20-02-2017 Buy 145.90 196.00 Target Hit Dynamic Levels - 05-08-2016 Buy 217.20 240.00 Target Hit More from Parameter Values Market Cap (in ₹ Cr.) 29,929.91 Earning Per Share (EPS TTM) (₹) 29.18 Price To Earnings (P/E) Ratio 5.19 Book Value Per Share (₹) 178.49 Price To Books (P/B) Ratio 0.85 EBIT Margin (%) 92.50 PAT Margin (%) 20.78 ROCE (%) 9.51 PAT Growth (%) -25.60 Total Debt to Equity (D/E) Ratio 5.64 More from Parameter MAR'18 (₹ Cr.) MAR'17 (₹ Cr.) YoY %Change Balance Sheet: Share Capital 1,974.92 1,974.92 0.00% Total Non-Current Liabilities 1,68,558.85 1,54,004.72 9.45% Total Current Liabilities 44,614.05 24,520.26 81.95% Total Liabilities 2,48,663.41 2,11,850.57 17.38% Total Non-Current Assets 2,15,869.67 1,83,074.44 17.91% Currents Investments 119.75 149.16 -19.72% Cash and Bank 1,773.53 4,490.02 -60.50% Total Current Assets Excluding Current Investments 32,434.34 28,626.97 13.30% Total Assets 2,48,663.41 2,11,850.57 17.38% Profit and Loss: Operating Income 22,358.27 23,587.30 -5.21% Net Sales 22,358.27 23,587.30 -5.21% PBIDT 19,827.48 22,131.16 -10.41% PAT 4,647.00 6,245.76 -25.60% More from

Shares of REC Ltd opened with an upwards trend on Wednesday as the stock started trading ex-bonus ahead of its bonus issue slated for tomorrow. From Tuesday's closing at Rs 102.94 a piece, the stocks touched a high of Rs 106. At 2:58 PM, the shares traded at Rs 105.60 recording 2.38 per cent growth today. Government-owned REC Limited, an infrastructure finance company in the power sector, is set to go for a bonus shares issue in the ratio of 1:3 on August 18, 2022. Bonus shares are additional, fully paid shares that the firm issues to its existing stockholders The company has received approval of shareholders for the bonus issue through a postal ballot held between July 11 and August 9. The result was announced on August 9. The company will be issuing 65.83 crore bonus shares, utilising capital reserves of ₹658.3 crores. The bonus issue ratio for REC is 1:3 which means shareholders will be paid one bonus shared for their existing three equity holdings “The Board of Directors has recommended the issue of Bonus shares to the shareholders of the Company in the ratio of 1:3, i.e. one (1) bonus equity share of ₹10- each fully paid-up for every three (3) existing equity shares of ₹10- each fully paid- up to the eligible members, subject to the approval of shareholders through postal ballot," REC The bonus shares will be issued to shareholders who owned the company's stock on or before the ex-bonus date which in REC's case is August 17. A Navratna company, REC Ltd, formerly known...