REC Ltd fell for a fifth straight session today. The stock is quoting at Rs 401.6, down 0.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 24933.35. The Sensex is at 81777.75, up 0.81%.REC Ltd has eased around 1.34% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has increased around 0.1% in last one month and is currently quoting at 26335.6, up 0.75% on the day. The volume in the stock stood at 44.08 lakh shares today, compared to the daily average of 81.71 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 402.05, down 0.09% on the day. REC Ltd tumbled 23.93% in last one year as compared to a 5.84% rally in NIFTY and a 17.48% spurt in the Nifty Financial Services index.
The PE of the stock is 6.75 based on TTM earnings ending March 25.