Page 38 - Rec News Today

REC stock surges 9.5% to ₹555.45 on strong Q4FY24 results, 33% YoY jump in net profit to ₹4,079 crore. Revenue grows 25% YoY. Scrip up 336% from 52-week low. Company aims to be NPA-free by FY25 with debt-raising plan of ₹1.6 lakh crore.

REC Ltd announced a final dividend of Rs 5 per share, subject to approval of shareholders in the ensuing Annual General Meeting (AGM).

REC Ltd surged 8.5% to Rs 550.50, hitting a 52-week high, following a 33% YoY rise in net profit to Rs 4,079 crore for the quarter ending March. Total income reached Rs 12,706.66 crore, with revenue from operations growing by nearly 24% YoY to Rs 12,677.18 crore.

​​In Thursdays trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not.

Similar to many on-again, off-again relationships, the board of the Spokane Regional Emergency Communications center has apparently hit a breaking point and wants the city...

Vishal Malkan discusses market trends, stock selections, and potential breakouts in various sectors. He emphasizes the importance of chart analysis for identifying breakout levels and volume trends, suggesting potential price targets for specific stocks.

Q4 results today: As many as 56 companies will report their earnings today including Exide, Castrol, Indian Oil, REC, Havells and more.

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A storied building in Dellwood is now open with a facelift giving the community a space to unwind.

REC sanctioned record Rs 3.59 lakh crore loans in 2023-24, focusing on renewable energy. Its loan book reached Rs 5.09 lakh crore by March 31, 2024, with a significant increase in loan disbursements.