SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rural Electrification Corporation shines on reporting 16% jump in Q2 net profit

14 Nov 2013 Evaluate

Rural Electrification Corporation is currently trading at Rs. 216.70, up by7.45 points or 3.46% from its previous closing of Rs. 209.25 on the BSE.

The scrip opened at Rs. 213.00 and has touched a high and low of Rs. 216.00 and Rs. 211.00 respectively. So far 53,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 267.50 on 04-Jan-2013 and a 52 week low of Rs. 146.15 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs. 217.20 and Rs. 202.00 respectively. The current market cap of the company is Rs. 21,403 crore.

The promoters holding in the company stood at 66.80% while Institutions and Non-Institutions held 27.29% and 5.91% respectively.

The company has reported 16.43% rise in its net profit after tax at Rs 1110.67 crore for the quarter ended September 30, 2013 as compared to Rs 953.9 crore for the same quarter in the previous year. Total income of the company has increased by 27.48% at Rs 4224.25 crore for quarter under review as compared to Rs 3313.71 crore for the quarter ended September 30, 2012.

Rural Electrification Corporation is engaged in providing financial assistance to state electricity boards, state government departments and rural electric co-operatives for rural electrification projects as are sponsored by them.

REC Share Price

384.00 0.65 (0.17%)
22-Apr-2026 10:34 View Price Chart
Peers
Company Name CMP
Power Finance Corp 473.20
REC 384.00
Indian Railway Fin. 103.83
NHIT 151.00
Satin Creditcare 171.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×