REC shares gain 2.87% as Sensex rises
REC Ltd. traded 2.87 per cent up at Rs 520.05 at 10:25AM (IST) on Thursday, even as BSE benchmark Sensex gained 9.11 points to 80091.09. The scrip had settled at Rs 505.5 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 653.9 and Rs 259.5, respectively.
As per BSE data, total traded volume on the counter till 10:25AM (IST) stood at 10:25AM shares with turnover at Rs 2.98 crore.
At the current price, shares of the company trades at 9.28 times its trailing 12-month earnings per share of Rs 55.59 per share and 1.73 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Stock Trading
Stock Investing Made Easy: Beginner's Stock Market Investment Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Technical Analysis Demystified: A Complete Guide to Trading
By — Kunal Patel, Options Trader, Instructor
Stock Trading
Mastering Options Selling: Advanced Strategies for Success
By — CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader
Stock Trading
Dow Theory Made Easy
By — Vishal Mehta, Independent Systematic Trader
Stock Trading
Technical Analysis Made Easy: Online Certification Course
By — Souradeep Dey, Equity and Commodity Trader, Trainer
Stock Trading
A2Z of Stock
