[ad_1]
The scrip had closed at Rs 155.35 within the earlier session. The inventory quoted a 52-week low of Rs 91.9 and a excessive of Rs 167.75. The corporate quoted a market-cap of Rs 30739.6 crore on the BSE.
On BSE, 47,188 shares have modified palms on the counter to this point. At its prevailing worth, the inventory traded at 3.49 occasions its trailing 12-month EPS of Rs 44.56 per share and 0.6 occasions its e book worth. The return on fairness (ROE) stood at Rs 19.39.
Key Financials
For the quarter ended 30-Jun-2021, REC Ltd. reported consolidated gross sales of Rs 9639.98 crore, up 14.11 per cent from the identical quarter a yr in the past. The corporate reported 22.92 per cent YoY development in internet revenue at Rs 2268.16 crore for the most recent quarter.
Technical indicators
The relative power index (RSI) of the inventory stood at Friday. The RSI oscillates between zero and 100. Historically, it’s thought-about overbought situation when the RSI worth is above 70 and oversold when it’s beneath 30.
Analysts say the RSI indicator shouldn’t be seen in isolation, because it is probably not enough to take a buying and selling name, simply the way in which a basic analyst can’t give a “purchase” or “promote” advice utilizing a single valuation ratio.
[ad_2]
Source link
