REC Limited (BOM:532955)
India
· Delayed Price · Currency is INR | Market Cap | 1.02T |
| Revenue (ttm) | 215.94B |
| Net Income (ttm) | 168.56B |
| Shares Out | n/a |
| EPS (ttm) | 64.02 |
| PE Ratio | 6.05 |
| Forward PE | 5.77 |
| Dividend | 19.10 (4.97%) |
| Ex-Dividend Date | Aug 14, 2025 |
| Volume | 136,446 |
| Average Volume | 433,069 |
| Open | 387.80 |
| Previous Close | 382.86 |
| Day's Range | 385.55 - 388.75 |
| 52-Week Range | 357.45 - 636.15 |
| Beta | n/a |
| RSI | 42.04 |
| Earnings Date | Aug 6, 2025 |
About REC Limited
REC Limited, together with its subsidiaries, engages in the provision of financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing for power sector and coal mines; policy for funding against regulatory assets, and revolving bill payment facility services; and provides letter of undertaking in lieu of bank guarantee, etc. It also acts as a nodal agency for the implementation o... [Read more]
Financial Performance
In 2024, REC Limited's revenue was 213.53 billion, an increase of 12.79% compared to the previous year's 189.32 billion. Earnings were 158.51 billion, an increase of 12.32%.
Financial StatementsNews
REC share: CLSA, UBS, Morgan Stanley maintain buy ratings — here’s what they say
Shares of REC Ltd remain in focus after strong Q1 results, with multiple global brokerages maintaining positive outlooks on the stock despite minor concerns. UBS has retained a Buy rating, though it t...
Morgan Stanley bullish on REC after 29% YoY PAT jump, lifts FY26 outlook, sees 19.6% upside on robust Q1 beat and disbursement surge
Morgan Stanley has maintained an Overweight rating on REC Ltd, with a target price of ₹485, implying an upside of 19.6% from the current market price of ₹405.50. The brokerage noted that REC’s Q1FY26 ...
REC share: CLSA maintains buy, sees 29.5% upside on strong PAT beat and resolution gains
CLSA has reiterated a High Conviction Outperform rating on REC Ltd, assigning a target price of ₹525, which implies a 29.5% upside from the current market price of ₹405.50. The brokerage highlighted t...
REC Q1 Results: Revenue from operations up 13% to Rs 14,737 crore, Net profit rises 29% YoY
REC Limited reported a consolidated net profit of Rs 4,465.71 crore for the quarter ended June 30, 2025 (Q1 FY26), marking a 29% year-on-year (YoY) rise compared to Rs 3,460.19 crore in the same quart...
REC shares jump 2% after Morgan Stanley initiates coverage with ‘Overweight’ rating, sets Rs 485 target
Shares of REC Limited jumped 2% in morning trade after global brokerage Morgan Stanley initiated coverage on the stock with an ‘Overweight’ rating and a price target of ₹485. As of 9:28 AM, the shares...
Morgan Stanley initiates coverage on PFC and REC with bullish view; sees low-risk, high-yielding opportunity
Morgan Stanley has initiated coverage on state-run power financiers Power Finance Corporation (PFC) and REC Limited, assigning ‘Overweight’ ratings to both with target prices of ₹508 and ₹485, respect...
Govt-run lender flags irrigation debt crisis: Telangana defaults on loans, faces NPA threat; must repay Rs 1.4k crore in 2 days
The Rural Electrification Corporation (REC) has cautioned the Telangana government about potential NPA declarations for two loan accounts linked to irrigation projects, including Kaleshwaram, if Rs 1,...
REC shares rise over 2% as RBI finalises favourable project finance norms; CLSA sees 37% upside
Shares of REC Limited climbed 2.25% to ₹392.30 on Friday, June 20, after the Reserve Bank of India released its final guidelines on project financing—offering significant relief to financiers. The fin...
REC board approves fundraise of Rs 1.55 lakh crore via bonds; to strike off Rajgarh III Power Transmission subsidiary
REC Limited’s board, in a meeting held on June 4, approved a significant fundraising proposal and a strategic corporate cleanup move. The company announced plans to raise up to Rs 1,55,000 crore throu...
REC shares fall over 2% from day’s high as company lowers AUM growth guidance despite solid Q4 results
Shares of REC Limited declined over 2% from the day’s high on Tuesday, trading at ₹398.40, down 0.83% from the previous close. The stock touched an intraday high of ₹407.05 before slipping amid manage...
REC Q4 results: Net profit rises 5.5% YoY to Rs 4,236 crore, NII jumps 37.6%
REC Limited reported its financial results for the quarter ended March 31, 2025, posting a net profit of ₹4,236 crore, up 5.5% from ₹4,016 crore in the same quarter last year. The company’s net intere...
REC approves Rs 1.70 lakh crore borrowing plan for FY26; appoints Parminder Chopra as CMD with additional charge
REC Limited, a Maharatna public sector enterprise under the Ministry of Power, has approved a ₹1.70 lakh crore market borrowing programme for the financial year 2025–26. The approval was granted durin...
REC shares jump 2.4% as CLSA maintains ‘Outperform’ rating with target price of Rs 525
REC Ltd shares surged 2.4% after global brokerage firm CLSA reaffirmed its ‘Outperform’ rating with a target price of ₹525. The brokerage remains bullish on REC despite a leadership change at the comp...
REC board declares 4th interim dividend of Rs 3.60 for FY25
REC Limited has announced its 4th interim dividend for the financial year 2024-25. In a board meeting held on March 19, 2025, the company declared a dividend of ₹3.60 per equity share with a face valu...
REC stock jumps 2% after Macquarie reiterates ‘outperform’ call with target price of Rs 700
REC Limited’s stock surged 2% after Macquarie reiterated an ‘outperform’ rating, setting a bullish target price of ₹700, implying a 74% upside from its current market price of ₹401.90. The brokerage f...
REC share price: Macquarie sees 74% upside, sets Rs 700 target with ‘outperform’ call
Macquarie has reiterated an ‘outperform’ rating on REC Limited, setting a target price of ₹700, implying a 74% upside from the current market price of ₹401.90. The brokerage expects 15% annual growth,...
REC Limited Board approves market borrowing program increase to Rs 1.8 lakh crore
REC Limited, a Maharatna company, has announced a significant expansion in its Market Borrowing Programme for the financial year 2024-25. The Board of Directors, in a meeting held on March 7, 2025, ap...
REC shares rise 2.26% as Macquarie reaffirms ‘Outperform’ rating, sets Rs 700 target
Shares of REC Limited (NSE: RECLTD) rose 2.26% to ₹411.30 on March 6, 2025, after Macquarie reaffirmed its ‘Outperform’ rating on Power Finance Corporation (PFC) and REC, stating that the recent weakn...
PFC, REC shares trade higher after CLSA upgrades stocks to ‘high conviction outperform’
Shares of Power Finance Corporation (PFC) and REC Limited gained in early trade on Monday after global brokerage firm CLSA upgraded both stocks to high conviction outperform, citing confidence in thei...
Delhi’s pvt discoms rated A+ for power supply
Delhi's private power distribution companies BSES Rajdhani, BSES Yamuna, and Tata Power Delhi have been rated A+ by REC Limited for their exceptional performance in 2023-24, offering 24-hour electrici...
REC Limited shares fall over 3% as NII misses estimates despite 23% YoY profit growth
Shares of REC Limited fell by over 3% today, trading at ₹426.75, down ₹13.50 from its previous close of ₹440.25, as of 3:23 PM IST. The decline followed the company’s Q3 FY25 results, where its net in...
REC Q3 FY25 results: Net profit up 23% YoY; declares Rs 4.30 interim dividend
REC Limited announced a net profit of ₹4,029 crore for Q3 FY25, marking a 23% increase from ₹3,269 crore reported in the corresponding quarter of the previous year. The company attributed the growth t...
REC shares surge over 3% today after ICICI Securities initiates Buy call with target price of Rs 600
REC Ltd’s stock rose 3% after ICICI Securities issued a ‘Buy’ rating with a target price of ₹600, citing a strong ₹43 lakh crore projects pipeline for power generation and transmission as a key growth...
ICICI Securities initiates ‘Buy’ call on PFC and REC; sees robust growth potential in power financing
ICICI Securities has initiated 'Buy' ratings on Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) with target prices of ₹550 and ₹600, respectively.
REC’s Q3 loan disbursement grows 17.98% YoY, renewable energy loans surge over 58%
REC Limited reported a significant year-on-year growth of 17.98% in loan disbursements for the third quarter of FY24-25, reaching Rs 54,692 crore, up from Rs 46,358 crore in Q3 FY23-24. This robust pe...