REC Limited
3,684words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
24%
100%
750 million
33%
52.63%
Rs. 50.65
Rs. 246.04
Rs. 115.45
Rs. 412.85
258%
20.60%
rs
1.33
Speaking time
1
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Opening remarks
Forayed into Infra Sector
For Nation’s Accelerated Development REC has diversified its loan portfolio with a mandate of up to 33% loans in the Infrastructure and Logistics sector Health Sector Steel Infra IT Infra / Fiber Optics Road & Highways Metro Ports Waterways Airport Oil Refinery 8 Government’s Trusted Arm Consumer Service Ratings of Discoms (Operational) Rooftop Solar (RTS) programme Annual Integrated Rating of Discoms (Financial) NEF RDSS DDUGJY SAUBHAGYA LPS- financial disruptive/ Cost of operation 9 Shareholders Outlook Shareholding Pattern as at 31.12.2023 PFC 52.63% EPS (Annualized) Rs. 50.65 Book Value Per Share Rs. 246.04 Consistent increase in share price from Rs. 115.45 as on Mar 31, 2023 to Rs. 412.85 as on Dec. 29, 2023, increase of 258% FPI/ FII 20.60% Others 1.33% Corporates 1.29% MFs 8.32% Individual/ HUF/ NRIs 11.17% Insurance Cos. 4.66% 500 450 400 350 300 250 200 150 100 115.45 166.75 412.85 281.30 FPIs have reposed faith in REC and have consistently held more than 20% since IPO in 2008
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