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REC climbs as its arm incorporates two wholly owned subsidiaries REC is currently trading at Rs. 514.60, up by 13.50 points or 2.69% from its previous closing of Rs. 501.10 on the BSE. The scrip opened at Rs. 509.00 and has touched a high and low of Rs. 517.50 and Rs. 508.30 respectively. So far 166817 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 653.90 on 12-Jul-2024 and a 52 week low of Rs. 331.85 on 28-Nov-2023. Last one week high and low of the scrip stood at Rs. 519....
REC climbs as its arm incorporates two wholly owned subsidiaries
REC climbs as its arm incorporates two wholly owned subsidiaries
Source: Accord Fintech
2024-11-19 10:27:57 am
ACME Solar Holdings moves up as its arm secures Rs 3,753 crore term loan financing from REC Acme Solar Holdings is currently trading at Rs. 230.40, up by 1.40 points or 0.61% from its previous closing of Rs. 229.00 on the BSE. The scrip opened at Rs. 235.10 and has touched a high and low of Rs. 242.55 and Rs. 229.00 respectively. So far 88981 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 279.00 on 13-Nov-2024 and a 52 week low of Rs. 228.15 on 14-Nov-2024. Last one week high and low of the scrip stoo...
ACME Solar Holdings moves up as its arm secures Rs 3,753 crore term loan financing from REC
ACME Solar Holdings moves up as its arm secures Rs 3,753 crore term loan financing from REC
Source: Accord Fintech
2024-11-18 10:02:18 am
Investment Pick For Diwali 2024 : REC Ltd For Target Rs. 776 By Nirmal Bang Ltd * REC, a GOI entity, finances projects of conventional power generation (28% mix), renewable (8% mix), transmission (9% mix), distribution (41% mix) & roads, railways, airports (14% mix). * Power sector will add 360GW capacity during FY24-30 compared to existing 453GW as of Sep’24. As per RBI, total requirement for green financing over FY23-30 aggregates to Rs. 85.6 Lac Cr translating to annual requirement of Rs. 10.7 Lac Cr. * REC has an AUM of Rs. 5.3 Lac Cr as on Q1FY25 and...
Investment Pick For Diwali 2024 : REC Ltd For Target Rs. 776 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : REC Ltd For Target Rs. 776 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 01:43:56 pm
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital Coal India Ltd CMP: 487 | Entry Range: On declines till 470 Target (TGT): 545/580/610 | Stop Loss (SL): 450 * After making the highs of 543 zones, stock has corrected over 10% in recent times and been consolidating. On daily chart basis, time and again the stock has shown strong reversals from 475 levels. * The stock has seen trend turning upside on weekly basis – up by 4%, with short covering visible aggressively. Chain also reflects good support built-up by PE writers around ...
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:48:24 am
REC shines on inking MoU with JNPA for financing Rs 45,000 crore REC is currently trading at Rs. 616.50, up by 27.70 points or 4.70% from its previous closing of Rs. 588.80 on the BSE. The scrip opened at Rs. 591.65 and has touched a high and low of Rs. 616.80 and Rs. 586.95 respectively. So far 292605 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 653.90 on 12-Jul-2024 and a 52 week low of Rs. 230.60 on 01-Sep-2023. Last one week high and low of the scrip stood at Rs. 618....
REC shines on inking MoU with JNPA for financing Rs 45,000 crore
REC shines on inking MoU with JNPA for financing Rs 45,000 crore
Source: Accord Fintech
2024-08-27 03:20:41 pm
REC inks pact with Jawaharlal Nehru Port for financing projects up to 45,000 crore REC Limited, Maharatna PSU under the Ministry of Power and a leading NBFC, signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for financing up to Rs 45,000 crore for various upcoming projects of JNPA, which includes the development of the deepwater Vadhavan Port.   Rahul Dwivedi, Executive Director, REC signed the MoU with Unmesh Sharad Wagh, Chairman, JNPA in the presence of Union Minister for Ports, Shipping and Waterways Union Minister for Ports, Shipping and Waterways Sarba...
REC inks pact with Jawaharlal Nehru Port for financing projects up to 45,000 crore
REC inks pact with Jawaharlal Nehru Port for financing projects up to 45,000 crore
Source: IANS
2024-08-25 05:56:11 pm
Power Grid Corporation gains on acquiring Rajasthan IV C Power Transmission Power Grid Corporation Of India is currently trading at Rs. 341.55, up by 1.30 points or 0.38% from its previous closing of Rs. 340.25 on the BSE. The scrip opened at Rs. 341.65 and has touched a high and low of Rs. 342.55 and Rs. 338.90 respectively. So far 20413 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 362.30 on 01-Aug-2024 and a 52 week low of Rs. 181.09 on 25-Aug-2023. Last one week high and low of t...
Power Grid Corporation gains on acquiring Rajasthan IV C Power Transmission
Power Grid Corporation gains on acquiring Rajasthan IV C Power Transmission
Source: Accord Fintech
2024-08-20 10:42:44 am
REC rises as its arm incorporates Wholly Owned Subsidiary REC is currently trading at Rs. 568.95, up by 5.40 points or 0.96% from its previous closing of Rs. 563.55 on the BSE. The scrip opened at Rs. 573.70 and has touched a high and low of Rs. 577.50 and Rs. 568.15 respectively. So far 35403 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 653.90 on 12-Jul-2024 and a 52 week low of Rs. 216.45 on 16-Aug-2023. Last one week high and low of the scrip stood at Rs. 593.70...
REC rises as its arm incorporates Wholly Owned Subsidiary
REC rises as its arm incorporates Wholly Owned Subsidiary
Source: Accord Fintech
2024-08-16 10:37:05 am
REC surges as its arm incorporates wholly owned subsidiary REC is currently trading at Rs. 584.90, up by 19.25 points or 3.40% from its previous closing of Rs. 565.65 on the BSE. The scrip opened at Rs. 580.05 and has touched a high and low of Rs. 593.15 and Rs. 574.65 respectively. So far 267965 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 653.90 on 12-Jul-2024 and a 52 week low of Rs. 208.05 on 08-Aug-2023. Last one week high and low of the scrip stood at Rs. 646....
REC surges as its arm incorporates wholly owned subsidiary
REC surges as its arm incorporates wholly owned subsidiary
Source: Accord Fintech
2024-08-07 11:35:18 am
Stock Picks : ONGC Ltd And REC Ltd By ICICI Direct ONGC Ltd Buy ONGC Ltd @ 338-344 Target 370.00 Stop Loss 325.00   REC Ltd Buy REC Ltd @ 616-630 Target 674.00 Stop Loss 599.00     Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : ONGC Ltd And REC Ltd By ICICI Direct
Stock Picks : ONGC Ltd And REC Ltd By ICICI Direct
Source: ICICI Direct
2024-08-05 10:33:01 am
Stock Picks : Vedanta Ltd And REC Ltd By ICICI Direct Vedanta Ltd Buy Vedanta Ltd @ 452-453 Target 459.00 Stop Loss 448.80   REC Ltd Buy REC Ltd @ 616-630 Target 674.00 Stop Loss 599.00   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Vedanta Ltd And REC Ltd By ICICI Direct
Stock Picks : Vedanta Ltd And REC Ltd By ICICI Direct
Source: ICICI Direct
2024-08-01 11:12:48 am
Stock of the day : REC Ltd For Target Rs. 662 - Religare Broking REC Ltd. * RECLTD has surged vertically from its intermediate low with decent volumes. * It is forming higher tops and higher bottoms since then with supports gradually shifting higher. * The stock is now offering fresh buying opportunity after a breakout from small base above 20 EMA. * Traders can consider fresh longs in the mentioned range.   Buy REC Ltd CMP 625.90 Range 624-626 SL 607 Target 662     Pleas...
Stock of the day : REC Ltd For Target Rs. 662 - Religare Broking
Stock of the day : REC Ltd For Target Rs. 662 - Religare Broking
Source: Religare Broking
2024-07-29 10:45:24 am
REC clocks 16.3 pc jump in Q1 net profit, declares dividend of Rs 3.50 per share Maharatna public sector company REC Limited clocked a 16.3 per cent rise in standalone net profit to Rs 3,442 crore in the April-June quarter of the current financial year, compared to Rs 2,961 crore in the same period last year.   REC’s Board of directors declared an interim dividend of Rs 3.50 per share for the financial year 2024-25. The record date has been set at August 9 and the dividend will be paid to shareholders on or before August 23, the company said in an exchang...
REC clocks 16.3 pc jump in Q1 net profit, declares dividend of Rs 3.50 per share
REC clocks 16.3 pc jump in Q1 net profit, declares dividend of Rs 3.50 per share
Source: IANS
2024-07-27 04:52:12 pm
REC posts 34 pc jump in Q4 net profit at Rs 4,016 crore Leading government-owned financial company REC on Tuesday reported a 34 per cent increase in net profit at Rs 4,016 crore for the January-March quarter of 2023-24 compared to the corresponding figure of Rs 3,001 crore for the same period in the previous year. Revenue from operations of the company went up 25 per cent to Rs 12,613 crores during the quarter from Rs 10,113 crores in the same period of the previous year. The net interest income of NBFC increased by 29 per cent to 4,407 crore. ...
REC posts 34 pc jump in Q4 net profit at Rs 4,016 crore
REC posts 34 pc jump in Q4 net profit at Rs 4,016 crore
Source: IANS
2024-05-01 09:32:11 am
REC okays Rs 1,869 crore loan for Kiru hydro project in Jammu and Kashmir REC Limited, a Maharatna public sector company and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for providing a term loan of Rs 1,869.26 crore. The loan will be utilised for the development, construction and operation of the greenfield Kiru Hydro Electric Project (4x156 MW) on Chenab river located in Kishtwar district of Jammu and Kashmir. Kiru Hydro Electric Project (624 MW), is a run-of-river scheme proposed on Chenab and is about 4...
REC okays Rs 1,869 crore loan for Kiru hydro project in Jammu and Kashmir
REC okays Rs 1,869 crore loan for Kiru hydro project in Jammu and Kashmir
Source: IANS
2024-04-24 06:09:47 pm
SPV set to start work on new inter-state power transmission project in Maharashtra The way has been cleared for starting work on the inter- state power transmission project in the Kallam area of Maharashtra which forms part of the Western Region Network Expansion Scheme, the Ministry of Power announced on Saturday. The special purpose vehicle (SPV) Kallam Transco Limited that has been formed for setting up the project has been handed over to M/s Indigrid 2 Limited & Indigrid 1 Limited (consortium), the successful bidder for the project. The bidding process was car...
SPV set to start work on new inter-state power transmission project in Maharashtra
SPV set to start work on new inter-state power transmission project in Maharashtra
Source: IANS
2024-04-06 05:46:25 pm
Indian lenders to chase corporate bonds as new investment rules kick in, treasury officials say  Indian banks will gravitate towards corporate bonds they intend to hold until maturity once new central bank rules kick in next month, as yields are currently elevated and the investments would be spared from market-linked markdowns, treasury officials said. From April 1, corporate bond investments will be allowed under held-to-maturity (HTM) category for the first time, provided the fair value is disclosed and investments protected from mark-to-market volatility, according to revise...
Indian lenders to chase corporate bonds as new investment rules kick in, treasury officials say
Indian lenders to chase corporate bonds as new investment rules kick in, treasury officials say
Source: Reuters
2024-03-21 05:33:19 pm
REC edges higher on inking MoU to finance power, infrastructure projects in Rajasthan REC is currently trading at Rs. 484.50, up by 0.60 points or 0.12% from its previous closing of Rs. 483.90 on the BSE. The scrip opened at Rs. 486.55 and has touched a high and low of Rs. 492.00 and Rs. 474.85 respectively. So far 353657 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 524.00 on 08-Feb-2024 and a 52 week low of Rs. 113.15 on 29-Mar-2023. Last one week high and low of the scrip stood at Rs. 492.0...
REC edges higher on inking MoU to finance power, infrastructure projects in Rajasthan
REC edges higher on inking MoU to finance power, infrastructure projects in Rajasthan
Source: Accord Fintech
2024-03-12 03:16:13 pm
REC inks pact to bankroll infra projects worth Rs 20,000 crore a year in Rajasthan  REC Limited, a Maharatna CPSE under the Ministry of Power, has signed an MoU with the Rajasthan government to finance projects across power and non-power infrastructure sectors with an investment of up to Rs 20,000 crore per annum for a period of six years, extending up to 2030, according to a company statement issued on Monday. REC chairman and MD Vivek Kumar Dewangan said, “Under this agreement, REC Limited will provide loans of upto Rs 20,000 crores annually for the next six...
REC inks pact to bankroll infra projects worth Rs 20,000 crore a year in Rajasthan
REC inks pact to bankroll infra projects worth Rs 20,000 crore a year in Rajasthan
Source: IANS
2024-03-11 02:27:59 pm
REC lists two bonds worth Rs 5,375 crore on stock exchanges Government-owned REC Ltd, a leading NBFC under the Ministry of Power, has successfully listed two bonds worth Rs 5,375 crore on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). One bond is worth Rs 2,500 crores and has a 10-year maturity, with a redemption date of February 28, 2034, and yield of 7.47 per cent. The other one is worth Rs 2,875 crores with a maturity period of 3 years plus 2 months, with a redemption date of April 30, 2027 and a yield of 7.64 per cent. Th...
REC lists two bonds worth Rs 5,375 crore on stock exchanges
REC lists two bonds worth Rs 5,375 crore on stock exchanges
Source: IANS
2024-03-02 11:53:38 am
India`s REC to issue deep-discount bonds to raise 50 billion rupees in March India's REC will tap a unique and uncommon structure to raise 50 billion rupees ($603.2 million) through a private placement of bonds before the end of March, three sources directly aware of the development said on Thursday. The state-run financier plans to raise the money through 10-year, deep-discount bonds and the issue is likely to see strong investor demand, the sources said. "REC is in talks with the Central Board of Direct Taxes (CBDT) to provide some taxation benefit to...
India`s REC to issue deep-discount bonds to raise 50 billion rupees in March
India`s REC to issue deep-discount bonds to raise 50 billion rupees in March
Source: Reuters
2024-02-29 04:03:47 pm
Buy REC Limited For Target Rs. 582 - Elara Capital Indestructible value creation Optically low PAT given one-offs in Q2; NIM/growth surprise Barring high one-offs in Q2 (INR 5.2bn with respect to reversals, dividend income), REC’s (RECL IN) Q3 earnings were strong on all counts. This was led by: (a) 16bps QoQ NIM uptick, on strong disbursements (up 11%QoQ) and steady CoF at 7.28% sequentially (7.23%: Q2), led by favorable liability mix (~41% borrowings from corporate bonds; 9% from capita gain bonds – amongst only one in fou...
Buy REC Limited For Target Rs. 582 - Elara Capital
Buy REC Limited For Target Rs. 582 - Elara Capital
Source: Elara Capital
2024-02-15 12:04:00 pm
REC lines up Rs 588 crore for Damodar Valley Corporation projects Leading government-owned financial company on Wednesday signed agreements worth Rs 588 crore with Damodar Valley Corporation (DVC) to strengthen infrastructure and energy projects in the region. The agreements aim to strengthen cooperation for the development of TUBED coal mines, and include a term loan agreement, an escrow agreement, and hypothecation deeds, according to an REC statement. The agreement was signed by Santosh Kumar Sahu, Senior Chief Project Manager, REC Regional Office,...
REC lines up Rs 588 crore for Damodar Valley Corporation projects
REC lines up Rs 588 crore for Damodar Valley Corporation projects
Source: IANS
2024-02-14 05:36:59 pm
REC trades jubilantly on reporting 13% rise in Q3 consolidated net profit REC is currently trading at Rs. 470.70, up by 36.35 points or 8.37% from its previous closing of Rs. 434.35 on the BSE. The scrip opened at Rs. 440.75 and has touched a high and low of Rs. 470.70 and Rs. 435.70 respectively. So far 577884 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 484.00 on 23-Jan-2024 and a 52 week low of Rs. 110.50 on 14-Feb-2023. Last one week high and low of the scrip stood at Rs. 484....
REC trades jubilantly on reporting 13% rise in Q3 consolidated net profit
REC trades jubilantly on reporting 13% rise in Q3 consolidated net profit
Source: Accord Fintech
2024-01-24 11:01:00 am
REC zooms after it designated as implementation agency for rooftop solar programme REC is currently trading at Rs. 437.30, up by 12.10 points or 2.85% from its previous closing of Rs. 425.20 on the BSE. The scrip opened at Rs. 433.00 and has touched a high and low of Rs. 437.30 and Rs. 429.30 respectively. So far 368295 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 454.80 on 14-Dec-2023 and a 52 week low of Rs. 110.50 on 14-Feb-2023. Last one week high and low of the scrip stood at Rs. 447....
REC zooms after it designated as implementation agency for rooftop solar programme
REC zooms after it designated as implementation agency for rooftop solar programme
Source: Accord Fintech
2024-01-19 02:05:57 pm
REC issues green bonds worth record 61 billion Japanese Yen in global market Maharatna public sector company REC Limited has successfully issued green bonds worth 61.1 billion Japanese Yen which is the largest ever Yen-denominated issue from India, according to an official statement released on Tuesday. The 5-year, 5.25-year and 10-year bonds have been issued at yields of 1.76 per cent, 1.79 per cent and 2.20 per cent respectively under REC’s USD 10 billion Global Medium Term Notes Programme. The transaction witnessed interest from both Japanese and intern...
REC issues green bonds worth record 61 billion Japanese Yen in global market
REC issues green bonds worth record 61 billion Japanese Yen in global market
Source: IANS
2024-01-16 03:51:12 pm
REC jumps on raising Rs 3,500 crore by issuing green bonds REC is currently trading at Rs. 440.05, up by 11.30 points or 2.64% from its previous closing of Rs. 428.75 on the BSE. The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 444.50 and Rs. 430.00 respectively. So far 789555 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 454.80 on 14-Dec-2023 and a 52 week low of Rs. 110.50 on 14-Feb-2023. Last one week high and low of the scrip stood at Rs. 444....
REC jumps on raising Rs 3,500 crore by issuing green bonds
REC jumps on raising Rs 3,500 crore by issuing green bonds
Source: Accord Fintech
2024-01-15 03:05:27 pm
India`s JSW proposes to top Adani`s bid for coal-power plant JSW Energy has proposed to top a bid by Adani Power, led by billionaire Gautam Adani, for a thermal power plant, two sources with direct knowledge of the matter said, as India looks to drum up investment in coal-fired power. The tussle for the 1,980-megawatt plant in central India, ensnared in insolvency proceedings, comes after the power minister called last November for more private investment to meet a dramatic rise in electricity demand. In a letter, JSW Energy has asked India's...
India`s JSW proposes to top Adani`s bid for coal-power plant
India`s JSW proposes to top Adani`s bid for coal-power plant
Source: Reuters
2024-01-12 02:13:00 pm
REC signs pacts to finance Rs 16,000 crore worth highway projects  REC Limited has signed four MoUs worth Rs. 16,000 crore with Dilip Buildcon Limited, GMR Power & Urban Infra, CDS Infra Projects Limited & DP Jain & Co. Infrastructure Pvt. Ltd for financing road and highway projects, according to an official statement issued on Tuesday. The public sector Maharatna company hosted a conference on ‘Financing for Roads and Highways’, to bring all key stakeholders under one roof and to discuss financing aspects of the sector. T...
REC signs pacts to finance Rs 16,000 crore worth highway projects
REC signs pacts to finance Rs 16,000 crore worth highway projects
Source: IANS
2024-01-09 01:40:56 pm
Bank of Baroda trades marginally in green on inking MoU with REC Bank Of Baroda is currently trading at Rs. 238.05, up by 0.25 points or 0.11% from its previous closing of Rs. 237.80 on the BSE. The scrip opened at Rs. 239.00 and has touched a high and low of Rs. 239.40 and Rs. 236.15 respectively. So far 186359 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 240.00 on 04-Jan-2024 and a 52 week low of Rs. 146.50 on 02-Feb-2023. Last one week high and low of the scrip stood at...
Bank of Baroda trades marginally in green on inking MoU with REC
Bank of Baroda trades marginally in green on inking MoU with REC
Source: Accord Fintech
2024-01-05 10:33:38 am
India`s REC hires bankers for up to $500 million yen-denominated green bond fundraise - official  India's REC has hired bankers to raise up to $500 million through its debut issuance of yen-denominated green bonds by Jan. 15, the company's director of finance told Reuters on Thursday. The state-owned infrastructure financier will issue five-year and 10-year bonds to raise $300 million-$500 million to fund green infrastructure projects, said Ajoy Choudhury. The company has hired DBS Bank, Mizuho, MUFG and SMBC Nikko as joint lead managers for the proposed issue. A fo...
India`s REC hires bankers for up to $500 million yen-denominated green bond fundraise - official
India`s REC hires bankers for up to $500 million yen-denominated green bond fundraise - official
Source: Reuters
2024-01-04 02:00:42 pm
Rail Vikas Nigam lines up Rs 35,000 cr from REC for big projects REC has entered into an MoU with Rail Vikas Nigam Ltd (RVNL) to finance up to Rs. 35,000 crore worth infrastructure projects to be executed by RVNL over the next five years, according to an official statement on Wednesday. These projects constitute multi-modal logistics hub projects, rail infrastructure projects, road, port, and metro projects. Director (Finance), REC, Ajoy Choudhury and Director (Operations), RVNL, Rajesh Prasad signed the MoU. REC Limited, a Maharatna CPSE establis...
Rail Vikas Nigam lines up Rs 35,000 cr from REC for big projects
Rail Vikas Nigam lines up Rs 35,000 cr from REC for big projects
Source: IANS
2024-01-03 03:41:40 pm
REC moves up on signing 200 million Euro loan agreement with German Bank KfW REC is currently trading at Rs. 406.70, up by 0.85 points or 0.21% from its previous closing of Rs. 405.85 on the BSE. The scrip opened at Rs. 407.95 and has touched a high and low of Rs. 412.25 and Rs. 404.20 respectively. So far 335297 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 412.25 on 11-Dec-2023 and a 52 week low of Rs. 108.05 on 26-Dec-2022. Last one week high and low of the scrip stood at Rs. 412.2...
REC moves up on signing 200 million Euro loan agreement with German Bank KfW
REC moves up on signing 200 million Euro loan agreement with German Bank KfW
Source: Accord Fintech
2023-12-11 11:29:22 am
REC Limited Declares Its Financial Results For Q2 & H1 FY24 REC limited, a ‘Maharatna’ company under the administrative control of the Ministry of Power, Government of India, and registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC), has today reported its unaudited financial results (Standalone) for the 2nd Quarter and Half Year ended 30th September 2023. Key highlights are as under: Operational and Financial Highlights –Q2 FY24 vs Q2 FY23 (Standal...
REC Limited Declares Its Financial Results For Q2 & H1 FY24
REC Limited Declares Its Financial Results For Q2 & H1 FY24
Source: PR Agency
2023-11-02 11:43:42 am
Bank of India signs MoU with REC Limited to co-finance loans amounting to Rs30,000 crore Bank of India (BOI) signed an MoU with REC Limited to jointly explore the possibilities of funding projects in sectors such as Power, Infrastructure and Logistics under a consortium arrangement. BOI and REC will join hands to co-finance loans amounting to Rs30,000/- crore over the next few years. Esteemed members such as Shri T.S.C. Bosh, Executive Director (Infra & Logistics), REC and Shri Nitin G. Deshpande, CGM (Corporate Credit), BOI signed the MoU in the presence of Shri Vivek K...
Bank of India signs MoU with REC Limited to co-finance loans amounting to Rs30,000 crore
Bank of India signs MoU with REC Limited to co-finance loans amounting to Rs30,000 crore
Source: PR Agency
2023-10-19 03:22:17 pm
REC rises as its arm incorporates two wholly owned subsidiary companies REC is currently trading at Rs. 296.10, up by 1.90 points or 0.65% from its previous closing of Rs. 294.20 on the BSE.The scrip opened at Rs. 296.95 and has touched a high and low of Rs. 297.95 and Rs. 294.05 respectively. So far 220936 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 299.10 on 16-Oct-2023 and a 52 week low of Rs. 91.00 on 17-Oct-2022.Last one week high and low of the scrip stood at Rs. 299.10 and Rs. 288.65 resp...
REC rises as its arm incorporates two wholly owned subsidiary companies
REC rises as its arm incorporates two wholly owned subsidiary companies
Source: Accord Fintech
2023-10-17 12:27:29 pm
REC gains on inking MoU with NICSI for ICT, digital transformation services REC is currently trading at Rs. 294.80, up by 1.75 points or 0.60% from its previous closing of Rs. 293.05 on the BSE.The scrip opened at Rs. 295.95 and has touched a high and low of Rs. 299.10 and Rs. 292.60 respectively. So far 300610 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 299.10 on 16-Oct-2023 and a 52 week low of Rs. 91.00 on 17-Oct-2022.Last one week high and low of the scrip stood at Rs. 299.10 and Rs. 278.40 resp...
REC gains on inking MoU with NICSI for ICT, digital transformation services
REC gains on inking MoU with NICSI for ICT, digital transformation services
Source: Accord Fintech
2023-10-16 03:49:27 pm
REC zooms on inking MoU with PNB to co-finance infrastructure project debts REC is currently trading at Rs. 280.95, up by 13.65 points or 5.11% from its previous closing of Rs. 267.30 on the BSE.The scrip opened at Rs. 268.05 and has touched a high and low of Rs. 281.50 and Rs. 267.50 respectively. So far 942934 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 284.50 on 11-Sep-2023 and a 52 week low of Rs. 91.00 on 17-Oct-2022.Last one week high and low of the scrip stood at Rs. 282.25 and Rs. 247.85 res...
REC zooms on inking MoU with PNB to co-finance infrastructure project debts
REC zooms on inking MoU with PNB to co-finance infrastructure project debts
Source: Accord Fintech
2023-09-27 12:28:39 pm
REC climbs on tying up debt funding of Rs 3081 crore to Serentica REC is currently trading at Rs. 256.10, up by 5.50 points or 2.19% from its previous closing of Rs. 250.60 on the BSE.The scrip opened at Rs. 248.05 and has touched a high and low of Rs. 256.55 and Rs. 247.85 respectively. So far 601439 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 284.50 on 11-Sep-2023 and a 52 week low of Rs. 91.00 on 17-Oct-2022.Last one week high and low of the scrip stood at Rs. 256.55 and Rs. 239.60 resp...
REC climbs on tying up debt funding of Rs 3081 crore to Serentica
REC climbs on tying up debt funding of Rs 3081 crore to Serentica
Source: Accord Fintech
2023-09-20 12:45:57pm