Wed, Jan 24, 2024
REC shares soared over 7% after reporting a strong Q3FY24 with a 13.6% rise in net profit, reaching Rs 3,269.3 crore. Net interest income also grew 18% to Rs 4,159 crore. Further boosting investor sentiment, REC announced plans to lend up to Rs 1.2 lakh crore for rooftop solar installations under the Pradhan Mantri Suryoday Yojana, supporting the government's 10 GW target by 2026.
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As of 10:19 a.m., shares of REC Ltd traded 7.53 per cent or Rs 32.7 higher on BSE at Rs 467.05 apiece. The market capitalisation of the company at around the same time stood at Rs 1,22,984.73 crore.
Fri, Sep 29, 2023
Why did Anil Singhvi give buy opinion in PFC Foot? Know what are gates and stoploss. Best earning strategy in AajKe2000
Thu, Jul 27, 2023
REC share at record high. REC profit up 21%.Watch an exclusive interview with Vivek Kumar Dewangan, CMD, REC
REC share at record high, REC profit up 21%.Watch an exclusive interview with Vivek Kumar Dewangan, CMD, REC
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