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REC Ltd (RECM)

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425.55 -3.10    -0.72%
11:00:03 - Closed. Currency in INR ( Disclaimer )
  • Volume: 7,627,536
  • Bid/Ask: 425.55 / 426.00
  • Day's Range: 414.80 - 428.55
Type:  Equity
Market:  India
ISIN:  INE020B01018 
S/N:  RECLTD
REC 425.55 -3.10 -0.72%

REC Company Profile

 
Read the Rural Electrification company profile to learn more about the business and the management team. View REC Ltd facts about employee data, company products and services, and contact information.
IndustryBanking Services
SectorFinancial
Employees

417

Equity Type

ORD

REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing (Em) for power sector and coal mines, policy for funding against regulatory assets, and revolving bill payment facility services. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited operates as a subsidiary of Power Finance Corporation Limited.

Contact Information

Address Plot No. I-4, Sector 29 Near IFFCO Chowk Metro Station
Gurugram, 122001
India
Phone 91 12 4444 1300
Fax -
Web www.recindia.nic.in

Top Executives

Name Age Since Title
Mritunjay Kumar Narayan 51 2019 Government Nominee Director
Sanjeev Kumar Gupta 60 2015 Director of Technical & Executive Director
Tanmay Kumar 54 2020 Government Nominee Director
Vivek Kumar Dewangan 57 2022 Director of Finance, Chairman & MD
Vijay Kumar Singh 59 2022 Director of Projects & Director
Manoj Manoharrao Pande - 2021 Part-Time Non Official Independent Director
Narayanan Thirupathy - 2023 Part Time Non-Official Independent Director
Gambheer Singh - 2021 Part-Time Non-Official Independent Director
Prabhat Kumar Singh 67 2024 Executive Director
Manoj Sharma - 2023 Nominee Director
Shashank Misra - 2023 Government Nominee Director
Durgesh Nandini Tiwari - 2021 Part-Time Non-Official Independent Director
Taruna Gupta - 2023 Executive Director
Saurabh Rastogi - 2023 Executive Director
Ajay Mathur 60 2023 Executive Director
Dharmendra Nagpal - 2023 Executive Director
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RECM Price Commentary

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Deepak sharma
Deepak sharma May 23, 2023 18:26
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sell trgt 110
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Deepak sharma
Deepak sharma Feb 21, 2023 17:56
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108
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Venkatesh Iyer
Venkatesh Iyer Feb 21, 2023 5:35
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very soon it will tou h Rs.200
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Venkatesh Iyer
Venkatesh Iyer Dec 06, 2022 8:54
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Safe long term bet. Dividend pay masters
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shadab ali
shadab ali Apr 19, 2022 1:16
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this is stock very good
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shadab ali
shadab ali Apr 19, 2022 1:16
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this is stock very good
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Rakesh Gupta
Rakesh Gupta Jul 08, 2021 8:12
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Buy and hold this share. It has great value. target 185 in 3 months
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ajay acet
ajay acet Nov 17, 2020 17:46
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?????
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prashant pisal
prashant pisal Aug 11, 2020 12:31
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what is the reason for down the share inspite of good fundamental
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Venkatesh Iyer
Venkatesh Iyer Aug 11, 2020 12:31
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Up and down is quite natural
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prashant pisal
prashant pisal Aug 11, 2020 12:31
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what is the reason for down the share inspite of good fundamental
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