Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 3.49 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 41,647 shares changed hands on the counter till 11:13AM (IST). The stock commands a market value of Rs 29218.91 crore and is part of the Term Lending – Power industry.
The scrip has been an underperformer , up 41.84 per cent in the past one year in comparison with a 43.48 per cent gain in Sensex.
During the day, the stock moved between Rs 148.35 and Rs 147.25.
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.
