REC Ltd.    
17 Oct 2018
100.35
-0.99%
Geojit BNP Paribas
Asset quality continued to remain under pressure as Gross non-performing assets (NPA) ratio increased by 97 bps QoQ to 8.1% in Q1FY19. However, RECL had to make incremental provisions of Rs5,800cr under IND-AS, consequently, provision coverage ratio (PCR) improved by 2685 bps QoQ to 47.4%. It also helped the company to improve Net NPA ratio by 141 bps sequentially to 4.3%. The company also provided Rs1,700cr against standard private exposure which provides further comfort. However, with ~60% of private sector marked as stress assets, we believe that the company's asset quality will improve gradually...
REC Ltd. is trading below all available SMAs
REC Ltd.    
19 Mar 2018
100.35
-0.99%
Geojit Research
Asset quality deteriorated significantly as Gross/Net non-performing asset (NPA) ratio increased by 45/37 bps QoQ to 3.0%/2.0% in Q3FY18 mainly led by slippages of Lanco Anpara where it has exposure of ~Rs1,250cr. However, gross restructured assets declined by 9% QoQ following upgrade in public sector unit (PSU). As per management, some more PSU restructured accounts are likely to get upgraded in future. However, given the uncertainty surrounding private restructured assets (Rs12,644cr), we expect the company's...
REC Ltd. has lost -26.86% in the last 1 Year
REC Ltd.    
09 Feb 2018
100.35
-0.99%
HDFC Securities
Rural Electrification Corporation Ltd Q3FY18 results comment Operating Income increased by 1.84% to Rs. 5470.08 Cr in Q3FY18 when compared to the previous quarter. On the other hand, it fell by 1.84% when compared with Q3FY17.
REC Ltd. has lost -26.86% in the last 1 Year
REC Ltd.    
07 Nov 2017
100.35
-0.99%
HDFC Securities
Rural Electrification Corporation Ltd Q2FY18 results comment Operating Income fell by 1.69% to Rs. 5371.05 Cr in Q2FY18 when compared to the previous quarter. Also, it decreased by 6.69% when compared with Q2FY17.
Number of FIIs/FPIs holding stock fell by 33 to 569 in Sep 2020 qtr.
REC Ltd.    
17 Aug 2017
100.35
-0.99%
Axis Direct
Q1FY18 was subdued marked by 15 bps QoQ decline in margin to 4.4% and marginal deterioration in asset quality. GNPAs increased ~19 bps QoQ at 2.6% and coverage ratio remained flat at ~34%. PAT was lower than expected at Rs 13 bn (down 8.4% YoY) due to lower NII (down ~9% YoY) and higher provisions.
REC Ltd. is trading below all available SMAs
REC Ltd.    
14 Aug 2017
100.35
-0.99%
HDFC Securities
Operating Income decreased by 4.45% to Rs. 5463.23 Cr in Q1FY18 when compared to the previous quarter Operating Income decreased by 4.45% to Rs. 5463.23 Cr in Q1FY18 when compared to the previous quarter
REC Ltd. is trading below all available SMAs
REC Ltd.    
08 Jun 2017
100.35
-0.99%
Axis Direct
Q4FY17 PAT at Rs 13bn (+14% YoY) was below estimates. NII was flat YoY buoyed by other income (~3x YoY) and lower opex (down 44% YoY).
REC Ltd. is trading below all available SMAs
REC Ltd.    
07 Jun 2017
100.35
-0.99%
Axis Direct
Q4FY17 PAT at Rs 13bn (+14% YoY) was below estimates. NII was flat YoY buoyed by other income (~3x YoY) and lower opex (down 44% YoY).
Number of FIIs/FPIs holding stock fell by 33 to 569 in Sep 2020 qtr.
REC Ltd.    
03 Jun 2017
100.35
-0.99%
HDFC Securities
Operating Income grew by 2.59% to Rs. 5717.39 Cr in Q4FY17 when compared to the previous quarter Operating Income grew by 2.59% to Rs. 5717.39 Cr in Q4FY17 when compared to the previous quarter
REC Ltd. is trading below all available SMAs
REC Ltd.    
04 Mar 2017
100.35
-0.99%
HDFC Securities
Buy Rural Electrification Corporation Ltd at CMP Rs. 154 and add on dips to Rs. 135-139 for the target of Rs. 184.
REC Ltd. has lost -26.86% in the last 1 Year