REC Ltd down for fifth straight session

6 May 2022 , 01:35 PM

REC Ltd is down for a fifth straight session today. The stock is quoting at Rs 121.8, down 1.22% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.9% on the day, quoting at 16365.25. The Sensex is at 54704.76, down 1.79%.REC Ltd has lost around 8.46% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 9.77% in last one month and is currently quoting at 16261.55, down 2.47% on the day. The volume in the stock stood at 15.46 lakh shares today, compared to the daily average of 24.62 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 122.6, down 0.89% on the day. REC Ltd tumbled 7.16% in last one year as compared to a 10.4% rally in NIFTY and a 0.57% spurt in the Nifty Financial Services index.The PE of the stock is 2.48 based on TTM earnings ending December 21.Powered by Capital Market – Live News