REC is currently trading at Rs. 155.35, up by 2.90 points or 1.90% from its previous closing of Rs. 152.45 on the BSE.
The scrip opened at Rs. 153.00 and has touched a high and low of Rs. 156.20 and Rs. 153.00 respectively. So far 878390 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 167.75 on 09-Jun-2021 and a 52 week low of Rs. 91.90 on 13-Oct-2020.
Last one week high and low of the scrip stood at Rs. 157.60 and Rs. 149.55 respectively. The current market cap of the company is Rs. 30680.35 crore.
The promoters holding in the company stood at 52.63%, while Institutions and Non-Institutions held 38.66% and 8.71% respectively.
REC has partnered with Abdul Latif Jameel Poverty Action Lab (J-PAL) South Asia for an annual data-based assessment of 79 public and private discoms in the country to improve service delivery. Under this partnership, REC and J-PAL South Asia will collaborate to leverage existing data on discoms’ services to diagnose trends and identify gaps in the quality of power supply.
These datasets will be used to create a ‘consumer service index’ that will rank companies based on dimensions of service delivery -- supply hours, grievance redressal systems, and billing details and timelines, among others.
REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects as are sponsored by them
