REC Ltd. News and Updates

Name: Latest research reports of REC Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: REC Ltd.
Rating: 5
Author: Motilal Oswal

Keep track of all breaking news on REC Ltd. from all sources in a single place.

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REC Ltd.

10 Feb 2025

401.75

-2.64%

Minor weakness in AUM growth due to higher rundown

Buy: REC Ltd.

Motilal Oswal

Rural Electrification Corp (RECL)’s 3QFY25 PAT grew ~23% YoY to INR40.3b. NII grew ~20% YoY to ~INR51.3b. Other income rose ~260% YoY to~INR2b.

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Ltd.

10 Feb 2025

401.75

-2.64%

Enough fuel to power growth, profitability; attractive valuation

Buy: REC Ltd.

Emkay

REC reported a satisfactory quarter in terms of margins, credit cost, and asset quality, while growth in Q3 was a tad below expectations on account of higher repayment and resolution of NPAs; however, disbursement remained strong.

REC Ltd. is trading below all available SMAs

REC Ltd.

06 Feb 2025

401.75

-2.64%

REC Declares Third Interim Dividend For FY25

NDTV Profit

REC will pay the dividend on or before March 6.

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Q3 Results: Profit Up 23%, Net Interest Income Rises 20%

NDTV Profit | 06 Feb 2025

REC Ltd.

03 Feb 2025

401.75

-2.64%

REC Q3 Results: Date, Time, Interim Dividend Details And All You Need To Know

NDTV Profit

REC in October 2024 declared the second interim dividend for shareholders in FY25, fixing it at Rs 4 per equity share.

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Ltd.

15 Jan 2025

401.75

-2.64%

Axis Punch

Buy: REC Ltd.

Axis Direct

We recommend a BUY on the stock with a target price of Rs 530/share, implying an upside of 11% from the CMP.

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Ltd.

13 Jan 2025, 08:44PM

401.75

-2.64%

REC raises Rs 2,297 cr via 10-year bonds, IRFC eyes Rs 3K cr on Wednesday

Business Standard

The issuance has a base size of Rs 500 crore with a green shoe option of Rs 2,500 crore

REC Ltd. has lost -21.91% in the last 6 Months

REC Ltd.

07 Jan 2025

401.75

-2.64%

REC looks to sell Rs 2,848 cr bad loans in Corporate Power with 98% haircut

Business Standard

REC's exposure to CPL is part of a term loan extended by a consortium of lenders, where its voting share is 19.55 per cent in the liquidation process

REC Ltd. is trading below all available SMAs

REC Ltd.

17 Dec 2024

401.75

-2.64%

State-owned REC raises Rs 2,195 crore via bonds of different maturities

Business Standard

Market participants said that the company did not raise the entire amount as the investors were demanding a higher coupon

REC Ltd. is trading below all available SMAs

REC Ltd.

25 Nov 2024

401.75

-2.64%

Adani bribery case: Accused executive's new company landed a $1.2 billion investment pact from REC in September

livemint

Former Azure Power CEO Ranjit Gupta, indicted in the $250 million Adani bribery case, aims to build a green energy empire from Egypt to Odisha with $21 billion in investments by 2030..Apart from naming Gupta, the US Justice Department's complaint mentions a Co-Conspirator #2', who remains unnamed.