REC share price is Rs 450.25 INR as on 21-03-2024, Up ▲ 6.44%. 18.43m shares traded. (Mcap approx: 1.2 Lack Crores). The stock is up ▲ 0.4% in 7 days, down ▼ -0.8% in 1 month and down ▼ -2.2% in 2 months.
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REC Results Dec 2023 (Standalone_YoY) revenue elevated to 11982 crores up 23% in Dec 2023 quarter, compared with 9695 crores in Dec 2022. Its Net profit is 3269 crores up 13% in Dec 2023 quarter, compared with 2878 crores in last year same quarter. Please click Image for Daily Data and Results of the stock.
Data updated everyday at 7pm from NSE/BSE Bhav copy. Only Data. Not Buy or Sell advice.
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About REC:
Founded: 25 July 1969
Headquarters: National Capital Region
Number of employees: 417 (2023)
Parent organization: Power Finance Corp
Revenue: 39,520.16 crores INR (US$4.9 billion, 2023)
Subsidiaries: REC Power Development and Consultancy Limited…
REC Limited, formerly known as Rural Electrification Corporation Limited, is a non-banking financial company (NBFC) that finances and promotes power projects across India. The company was founded on July 25, 1969, and is under the ownership of the Ministry of Power, the Government of India. REC Limited is a Navratna company, which is an elite status given to only a few selected Central Public Sector Enterprises (CPSEs) in the country.
REC Limited’s subsidiaries include: REC Power Development and Consultancy Limited, Rec Transmission Projects Company Limited, and REC Power Distribution Company Limited (RECPDCL).
REC Limited is headquartered in the National Capital Region.
***About company information is from various sources on the internet. Please verify the official websites of companies for the latest updated information.
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