Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 3.55 times its trailing 12-month EPS of Rs 44.56 per share and 0.5 times its book value, as per BSE data.
A total of 116,579 shares changed hands on the counter till 02:07PM (IST). The stock commands a market value of Rs 31243.2 crore and is part of the Term Lending – Power industry.
The scrip has been an underperformer , up 46.73 per cent in the past one year in comparison with a 49.7 per cent gain in Sensex.
During the day, the stock moved between Rs 158.55 and Rs 154.2.
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.