Rural Electrification Corporation Ltd is up for a third straight session today. The stock is quoting at Rs 118.25, up 1.55% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.33% on the day, quoting at 10878.35. The Sensex is at 35815.19, up 0.34%. Rural Electrification Corporation Ltd has gained around 2.12% in last one month.
Meanwhile, Nifty Financial Services index of which Rural Electrification Corporation Ltd is a constituent, has gained around 0.54% in last one month and is currently quoting at 11075.35, down 0.08% on the day. The volume in the stock stood at 28.02 lakh shares today, compared to the daily average of 41.41 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 118.75, up 1.58% on the day. Rural Electrification Corporation Ltd is down 36.06% in last one year as compared to a 13.1% jump in NIFTY and a 15.07% jump in the Nifty Financial Services index.
The PE of the stock is 4.95 based on TTM earnings ending March 18.
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