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REC

REC Dividend Stock: Maharatna PSU declares fourth interim payout of Rs 3.6 per share; check record date

REC Dividend Stock: Maharatna PSU declares fourth interim payout...

Wed, Mar 19, 2025

In an exchange filing after its board meeting, Rural Electrification Corporation (REC) stated that the record date to determine eligible shareholders is March 26, and the dividend will be dispatched on or before April 16.

REC to provide Rs 2,147-crore term loan to set up 1,000 MW Pakal Dul hydro project

REC to provide Rs 2,147-crore term loan to set up 1,000 MW Pakal...

Tue, Feb 11, 2025

State-owned REC Ltd on Tuesday said it has inked a pact to provide a term loan of Rs 2,147.50 crore to Chenab Valley Power Project Ltd for setting up a 1,000 MW greenfield Pakal Dul hydro power project.

Indian Energy Exchange reports strong growth in electricity trade in November

Indian Energy Exchange reports strong growth in electricity trad...

Wed, Dec 04, 2024

According to a regulatory filing, IEX achieved a trading volume of 9,689 million units (MU) during the month, marking a 15.7 per cent year-on-year (YoY) increase.

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REC secures JPY 60.5 billion green loan from Italian export credit agency SACE

REC secures JPY 60.5 billion green loan from Italian export credi...

Thu, Apr 25, 2024

REC Ltd., operating under the Ministry of Power as a Non-Banking Financial Company (NBFC), has successfully obtained this substantial green loan to finance eligible green projects within India. This collaboration between REC and SACE represents a groundbreaking initiative, being the first of its kind between an Indian government entity and SACE.

REC dividend 2024: PSU to consider dividend on April 30—check out details

REC dividend 2024: PSU to consider dividend on April 30—check out...

Thu, Apr 25, 2024

REC Q4 results, REC dividend 2024, REC board meeting: State-owned REC's board of directors is scheduled to meet on Tuesday, April 30 to consider a final dividend for the financial year 2023-24 along with PSU's fourth quarter results.

PSU dividend stock: REC shares to trade ex-date today—check out payment date

PSU dividend stock: REC shares to trade ex-date today—check out p...

Thu, Mar 28, 2024

Shares of state-owned REC will turn trade ex-date today, March 28. Earlier, the Maharatna PSU announced an interim dividend of Rs 4.5 per equity share of Rs 10 each. This marks the third payout for the financial year 2023-24 by the firm for the shareholders.

Dividend, stock split stocks: REC, SBI Card, Persistent Systems, HUDCO to trade ex-date today

Dividend, stock split stocks: REC, SBI Card, Persistent Systems,...

Wed, Mar 27, 2024

Dividend stock: A bunch of companies, such as REC, SBI Card, Persistent Systems, HUDCO, and others, will trade ex-date today, March 28. Do you own them?

Dividend stock: PSU multibagger to give Rs 4.5/share payout, to trade ex-date next week

Dividend stock: PSU multibagger to give Rs 4.5/share payout, to t...

Wed, Mar 20, 2024

Dividend stock: State-owned REC has declared a third interim dividend for the financial year 2023-24. The PSU stock will trade ex-date on Thursday, March 28.

Dividend stock: REC shares trade volatile ahead of board meeting

Dividend stock: REC shares trade volatile ahead of board meeting

Mon, Mar 18, 2024

REC dividend 2204 record date, REC share price: The company is scheduled to hold a board meeting tomorrow, March 19, to consider the declaration of the third interim dividend.

Dividend, stock split stocks: Three PSUs likely to consider dividend, share split soon

Dividend, stock split stocks: Three PSUs likely to consider divid...

Fri, Mar 08, 2024

Upcoming dividend stocks 2024: Three public sector undertakings (PSUs), Power Finance Corporation (PFC), REC, and ONGC are expected to consider dividend, and stock split announcements soon.

REC board to meet on March 16 to consider dividend

REC board to meet on March 16 to consider dividend

Thu, Mar 07, 2024

REC dividend 2024 news, REC board meeting: State-owned REC's board of directors is scheduled to meet on March 16 to consider what could be a third interim dividend for the current financial year.

REC, PFC shares rise after CLSA maintains ‘buy’ ratings; targets suggest at least 20% upside

REC, PFC shares rise after CLSA maintains ‘buy’ ratings; targets...

Wed, Mar 06, 2024

The brokerage anticipates some margin pressure in REC on account of its bond yield profile.PFC, on the other hand, should benefit on this front, said CLSA, pegging a rise of 5-13 basis points in its net interest margin over the calendar years 2025 and 2026.

REC lists two bonds worth Rs 5,375 crore on stock exchanges

REC lists two bonds worth Rs 5,375 crore on stock exchanges

Fri, Mar 01, 2024

The funds raised through this private placement are not meant for any specific project; therefore, the proceeds of this issue shall be utilized for regular business activities, REC said in a statement.

REC Q3 results: Net profit rises 13.5% to Rs 3,308.42 crore

REC Q3 results: Net profit rises 13.5% to Rs 3,308.42 crore

Tue, Jan 23, 2024

Its consolidated net profit was Rs 2,915.33 crore in the quarter ended December 2022, a BSE filing showed. The total income rose to Rs 12,071.54 crore in the quarter from Rs 9,795.47 crore in the same period a year ago.

REC Q3 preview: Standalone profit likely to climb 19.2% on-year

REC Q3 preview: Standalone profit likely to climb 19.2% on-year

Fri, Jan 19, 2024

Besides, NIMs are expected to edge higher by a marginal 3.5 per cent against 3.4 per cent during the September-ended quarter.

REC, Bank of Baroda join hands to finance power, infrastructure, logistics projects

REC, Bank of Baroda join hands to finance power, infrastructure,...

Thu, Jan 04, 2024

According to the statement, REC has signed a Memorandum of Understanding (MoU) with Bank of Baroda to facilitate joint sanctions of loans to fund power, infrastructure and logistics projects in the country over the next three years.

Manappuram Finance, REC, LIC, P&G Health among stocks to watch on Monday

Manappuram Finance, REC, LIC, P&G Health among stocks to watc...

Mon, Nov 13, 2023

Nifty ended above 19,500 points,while Sensex climbed to levels of 65,259.

REC shares hit life-time high after PSU delivers record Q2 performance, declares dividend; CLSA sees 20% upside in stock

REC shares hit life-time high after PSU delivers record Q2 perfor...

Thu, Nov 02, 2023

REC share price target 2023: CLSA maintained its ‘buy’ rating on REC after the state-run company’s earnings announcement and raised its target price for the stock by Rs 80 to Rs 340.

174% return in 1 year: This PSU stock announces interim dividend of Rs 3.50 - Details

174% return in 1 year: This PSU stock announces interim dividend...

Thu, Nov 02, 2023

REC Dividend Record Date, REC Dividend History: As per the exchange filing, the company has fixed November 30 as the date for the payment of the interim dividend.

REC shares shrug off weakness on D-Street; what is driving the infra financier stock?

REC shares shrug off weakness on D-Street; what is driving the in...

Thu, Sep 21, 2023

Kallam Transco is incorporate as a wholly-owned subsidiary of REC Power Development & Consultancy, a subsidiary of REC.

REC Makes Waves: 21% Profit Growth Accompanies Share Price Rally!

REC Makes Waves: 21% Profit Growth Accompanies Share Price Rally!

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 share at record high

Thu, Jul 27, 2023

REC share at record high, REC profit up 21%.Watch an exclusive interview with Vivek Kumar Dewangan, CMD, REC

REC Becomes The 12th Company To Join The Maharatna CPSE Club, How It Will Benefits The Company?

REC Becomes The 12th Company To Join The Maharatna CPSE Club, How...

Thu, Sep 22, 2022

Power sector focussed NBFC REC Ltd has been accorded the status of Maharatna central public sector enterprise (CPSE). How much REC will benefit? Know full details from Varun Dubey.

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