REC Limited Shares Declined Almost 1%

REC Limited Shares Declined Almost 1% On 30th July 2020: 

 

In any case, REC Limited offers exchanged with a 0.97% misfortune in the present Intraday exchange. Additionally, up to this point, the organization traded 76,656 offers hands on the counter.

 

In addition, the organization shares began at Rs. 102.05 per value share on the National Stock Exchange. The stocks arrived at the Intraday high estimation of Rs. 103.85 per eq share. So also, the Intraday low estimation of Rs. 101.60 per share.

 

As indicated by the source, the organization arrived at its 52-week most noteworthy estimation of Rs. 157.25. Additionally, it arrived at the 52-week lowest value estimation of Rs. 79.00. According to the records, the absolute market capitalization remained at Rs. 20,144.16 Cr.

 

On 31st March 2020, REC declared its solidified deals worth Rs. 7,757.78 Cr. Relatively, the organization deals raised by 2.97% from its last quarter deals of Rs. 7,533.80 Cr. Likewise, its deals raised by 18.38% of Rs. 6,553.37 Cr in the earlier year.

 

Besides, the net benefit of Rs. 198.18 Cr declined by 62.19% from a similar quarter a year back. By the consummation in March 2020, the organization advertisers held 52.63% of its stake, FIIs held a 26.59% stake and DIIs held a 52.63% stake.

 

Stock Market Update:  

 

Stock Market July 30th: On Thursday, both Sensex and Nifty appear to exchange a bearish pattern in the stock market. The Sensex stood exchanged misfortune with 37,736.07 levels and Nifty stood exchanged misfortune with 11,102.15 levels. The Sensex declined 335.06 focuses with a 0.88% misfortune. Additionally, Nifty has declined 100.70 focuses with a 0.90% misfortune.

 

Then again, the quantity of affirmed or coronavirus cases in India arrived at 15,87,982 starting at July 30th, and passings arrived at 35,035.

 

In the outskirt advertise, the S&P BSE Midcap file announced a bearish pattern in the financial exchange today. It declined 52.83 focuses with a 0.38% addition and arrived at a 13,709.72 level. The S&P BSE Smallcap list raised 56.08 focuses with a 0.43% addition and arrived at a 12,916.27 level. Be that as it may, the Nifty Bank raised 429.75 focuses with a 1.95% addition and arrived at a 21,646.85 level.