Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 3.76 times its trailing 12-month EPS of Rs 42.42 per share and 0.5 times its book value, as per BSE data.
A total of 174,610 shares changed hands on the counter till 10:05AM (IST). The stock commands a market value of Rs 31460.44 crore and is part of the Term Lending – Power industry.
The scrip has been an outperformer , up 49.95 per cent in the past one year in comparison with a 41.89 per cent gain in Sensex.
During the day, the stock moved between Rs 160.45 and Rs 155.0.
Promoter/FII Holding
Promoters held 52.63 per cent in the company as of 30-Jun-2021. FII and MF ownership in REC Ltd. stood at 26.15 per cent and 9.39 per cent, respectively.