REC Ltd dropped for a fifth straight session today. The stock is quoting at Rs 137.05, down 0.54% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.17% on the day, quoting at 14072.2. The Sensex is at 47747.55, down 1.24%.REC Ltd has gained around 1.14% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 0.45% in last one month and is currently quoting at 15143.65, down 1.61% on the day. The volume in the stock stood at 40.1 lakh shares today, compared to the daily average of 50.03 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 137.2, down 0.76% on the day. REC Ltd tumbled 5.45% in last one year as compared to a 16.73% rally in NIFTY and a 4.39% spurt in the Nifty Financial Services index.
The PE of the stock is 4.46 based on TTM earnings ending September 20.
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