REC rises 1.12% as Sensex slides

economictimes.indiatimes.com:

REC Ltd. traded at Rs 631.5 on BSE at 11:41AM (IST) on Thursday, up 1.12 per cent from previous close.
The stock quoted a 52-week low price of Rs 233.75 and a high of Rs 653.9.

Earlier, shares of the company saw a gap down opening in the morning.
A total of 90,098 lakh shares changed hands on the counter till 11:41AM (IST).
The stock of REC Ltd. commanded a market value of Rs 166077.44 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 11.35, while the price-to-book value ratio stood at 1.73. Return on equity (ROE) was at 20.56 per cent, according to exchange data.
In the BSE500 pack, 322 stocks traded in the green, while 177 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.27.
Promotor/FII Holding Promoters held 52.63 per cent in REC Ltd. as of 30-Jun-2024 while foreign portfolio investors and domestic institutional investors owned 20.43 per cent and 9.11 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 495.24 on September 05, while the 50-DMA was at 598.22. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.