Tag: REC
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REC profit drops sharply in Q4, but company still announces dividend
Rural Electrification Corporation (REC) on Tuesday, April 28, reported its fourth-quarter results, posting a 20.6% year-on-year decline in net profit to ₹3,362.3 crore for...
Utilities rally looks stretched, says Bernstein; NTPC, REC still offer selective value
The recent rally in India’s power and utility stocks has been driven by strong structural tailwinds, but valuations are now starting to look stretched,...
REC, PFC shares jump to 52-week high, set for best month in years
Shares of REC Ltd. and Power Finance Corporation Ltd. have both surged up to 5% each on Thursday, April 16. In the 10 trading...
Here’s why the latest RBI norms are negative for REC, PFC, IRFC and HUDCO
The Reserve Bank of India (RBI) has released draft amendment guidelines on the identification of Upper Layer (UL) NBFCs, along with changes to the...
Maharatna PSU stock REC announces fourth interim dividend of ₹3.2 per share; check record date, new taxation rules
महारत्न पीएसयू पावर फाइनेंसर आरईसी लिमिटेड ने सोमवार को चौथे अंतरिम लाभांश की घोषणा की ₹3.20 प्रति शेयर और पात्र शेयरधारकों को निर्धारित...
