Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
REC Ltd is down for a fifth straight session today. The stock is quoting at Rs 351.75, down 0.62% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.39% on the day, quoting at 25851.6. The Sensex is at 83790.38, down 0.53%.REC Ltd has lost around 4.13% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has increased around 2.9% in last one month and is currently quoting at 28276.95, up 0.39% on the day. The volume in the stock stood at 31.94 lakh shares today, compared to the daily average of 119.02 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 352.2, down 0.87% on the day. REC Ltd tumbled 14.13% in last one year as compared to a 12.25% rally in NIFTY and a 21.98% spurt in the Nifty Financial Services index.
The PE of the stock is 5.43 based on TTM earnings ending December 25.
Concord Biotech Ltd, REC Ltd, Westlife Foodworld Ltd and Caplin Point Laboratories Ltd are among the other losers in the BSE's 'A' group today, 09 February 2026.
India Shelter Finance Corporation Ltd lost 5.41% to Rs 746.85 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 80363 shares were traded on the counter so far as against the average daily volumes of 39433 shares in the past one month.
Concord Biotech Ltd crashed 4.54% to Rs 1278.5. The stock was the second biggest loser in 'A' group.On the BSE, 97986 shares were traded on the counter so far as against the average daily volumes of 13484 shares in the past one month.
REC Ltd tumbled 3.42% to Rs 359.75. The stock was the third biggest loser in 'A' group.On the BSE, 14.12 lakh shares were traded on the counter so far as against the average daily volumes of 6.92 lakh shares in the past one month.
Westlife Foodworld Ltd corrected 3.37% to Rs 524. The stock was the fourth biggest loser in 'A' group.On the BSE, 26416 shares were traded on the counter so far as against the average daily volumes of 1.44 lakh shares in the past one month.
Caplin Point Laboratories Ltd plummeted 3.33% to Rs 1765. The stock was the fifth biggest loser in 'A' group.On the BSE, 13073 shares were traded on the counter so far as against the average daily volumes of 4450 shares in the past one month.
Pursuant to 'In Principle' approval of Cabinet Committee on Economic Affairs (CCEA), PFC acquired 52.63% of Govt's holding in REC (REC). Accordingly, PFC and REC are operating as holding and subsidiary companies.
The Board of Directors of PFC took note of the budget announcement and accorded its in-principle approval for restructuring in the form of a merger of PFC and REC, while ensuring that, post-merger, PFC continues to remain as a 'Government Company' under the Companies Act, 2013 and other applicable laws.
In line with the above and based on the information presented as well as detailed deliberations in this regard, the Board of REC has accorded its in-principle approval to proceed with restructuring in the form of a merger of REC and PFC and to formulate a detailed merger proposal in accordance with applicable laws and regulations, ensuring that the merged entity continues to remain as a 'Government Company' under the Companies Act, 2013 and other applicable laws.
REC announced that a project specific SPV namely Rajgarh III Power Transmission, which is a wholly owned subsidiary of REC Power Development and Consultancy (RECPDCL - a wholly owned subsidiary of REC), has been struck off from the Register of Companies on 20 January 2026.
In view of the above, the said company stands dissolved and ceased to be the subsidiary of RECPDCL & REC in terms of provisions of the Companies Act, 2013.
REC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 383, up 0.52% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 26163.7. The Sensex is at 85033.17, down 0.48%. REC Ltd has risen around 11.79% in last one month.
Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 0.9% in last one month and is currently quoting at 27851.45, up 0.3% on the day. The volume in the stock stood at 63.83 lakh shares today, compared to the daily average of 71.2 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 383.85, up 0.59% on the day. REC Ltd is down 25.7% in last one year as compared to a 10.36% spurt in NIFTY and a 19.23% spurt in the Nifty Financial Services index.
The PE of the stock is 5.85 based on TTM earnings ending September 25.