Earlier in the day, the stock saw a gap down opening.
At the prevailing price, the stock traded at 3.74 times its trailing 12-month EPS of Rs 34.3 per share and 0.5 times its book value, as per BSE data.
A total of 104,366 shares changed hands on the counter till 12:15PM (IST). The stock commands a market value of Rs 25338.2 crore and is part of the Term Lending – Power industry.
The scrip has been an underperformer , up 34.34 per cent in the past one year in comparison with a 48.17 per cent gain in Sensex.
During the day, the stock moved between Rs 129.05 and Rs 126.2.
Promoter/FII Holding
Promoters held 52.63 per cent in the company as of 31-Mar-2021. FII and MF ownership in REC Ltd. stood at 26.75 per cent and 9.07 per cent, respectively.
