Fri, Jan 03, 2025
For the nine-month (Q1-Q3) period of FY25, REC disbursed total loans amounting to Rs 1,45,647 crore, which is higher by 19.30 per cent compared to Rs 1,22,089 crore disbursed in the corresponding period of FY24.
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Sat, Oct 05, 2024
In the September quarter of FY25, REC said it disbursed Rs 47,303 crore loans, 13.71 per cent higher than the Rs 41,598 crore disbursed a year earlier.
Sun, Jul 28, 2024
Chairman and Managing Director of REC Limited, Vivek Kumar Dewangan, talking to ANI soon after the company released its Q1 earnings, said they would start financing offshore projects "as soon as possible" and hinted it is most likely in this current financial year.
Thu, Jul 11, 2024
The facility also marks one of the first JPY-denominated green loan transaction for Deutsche Bank AG, GIFT City.
Mon, May 06, 2024
Infrastructure-related NBFC stocks such as REC, IREDA and PFC plunged more around 6-12 per cent.
Thu, May 02, 2024
After REC's strong quarterly performance, brokerage CLSA maintained its 'buy' rating on the stock with a revised target of Rs 595 instead of Rs 560 earlier. The target implies an upside of more than seven per cent from Thursday's closing price. The brokerage suggests long-term investors wait for a correction in the stock, which has already run up more than 22 per cent in a week.
Fri, Apr 26, 2024
REC Q4 Results Preview: REC is expected to report loan growth of 19 to 20 per cent.
Tue, Mar 26, 2024
REC Dividend 2024 Record Date, REC Share Price NSE Today: The shares of this Maharatna PSU will trade ex-date on March 28 as the company has fixed this as the record date.
Wed, Jan 24, 2024
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.
Wed, Sep 27, 2023
REC share price NSE BSE: The stock jumped after the company said that the Board of Directors of the Company has approved the sale and transfer of the entire shareholding of Ramgarh-II Transmission Limited to Power Grid.
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
Thu, May 04, 2023
Power ministry in a statement said that this is the largest-ever senior US dollar tranche by an Indian non-banking finance company (NBFC), as well as the largest-ever senior green bond tranche by a South and Southeast Asian issuer and the first green bond issuance by an Indian company following India's G20 presidency.
Fri, Jan 13, 2023
An MoU has been signed with MPPMCL to extend financial assistance of Rs 15,086 crore for upcoming Sarani and Amarkantak thermal power projects besides other system improvement works, technology upgradation, modernization among other projects in Madhya Pradesh, the Ministry of Power said in a statement on Thursday.
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