REC Ltd.

REC is currently trading at Rs. 404.60, up by 3.65 points or 0.91% from its previous closing of Rs. 400.95 on the BSE.

The scrip opened at Rs. 404.60 and has touched a high and low of Rs. 409.70 and Rs. 402.40 respectively. So far 285553 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 653.90 on 12-Jul-2024 and a 52 week low of Rs. 357.45 on 28-Feb-2025.

Last one week high and low of the scrip stood at Rs. 411.85 and Rs. 397.15 respectively. The current market cap of the company is Rs. 106553.41 crore.

The promoters holding in the company stood at 52.63%, while Institutions and Non-Institutions held 35.32% and 12.05% respectively.

REC has received approval for the proposal of raising of funds through Private Placement of Unsecured / Secured Non-Convertible Bonds / Debentures of upto Rs 1,55,000 crore, subject to the approval of shareholders in the ensuing Annual General Meeting (AGM). The Board of Directors of the company at its meeting held on June 04, 2025, inter-alia considered and approved the same.

The funds will be raised, in one or more tranches, during a period of one year from the date of passing of resolution by the shareholders, with the approval of Competent Authority.

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.