REC Ltd Gains 0.89% This Week: 4 Key Factors Driving the Price Action

Jan 31 2026 05:09 PM IST
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REC Ltd closed the week ending 30 January 2026 with a modest gain of 0.89%, slightly outperforming the Sensex’s 0.78% rise over the same period. The stock exhibited a volatile trading pattern, marked by a strong surge midweek followed by profit-taking and margin pressure concerns towards the close. Key developments including an intraday high on 28 January, quarterly results revealing flat financial performance, and a subsequent downgrade in market sentiment shaped the week’s narrative for REC Ltd.

Key Events This Week

Jan 27: Stock opens week with a 0.68% gain amid positive market sentiment

Jan 28: REC Ltd hits intraday high of Rs 374.65, surging 3.22%

Jan 29: Quarterly results reveal profit growth slowdown and margin pressures

Jan 30: Stock hits intraday low amid price pressure, closes down 2.89%

Week Open
Rs.361.15
Week Close
Rs.364.35
+0.89%
Week High
Rs.374.65
vs Sensex
+0.05%

27 January: Positive Start Amid Broad Market Gains

REC Ltd began the week on a positive note, closing at Rs.363.60, up Rs.2.45 or 0.68% from the previous Friday’s close of Rs.361.15. This gain slightly outpaced the Sensex’s 0.50% rise to 35,786.84 points. The stock’s volume of 212,619 shares indicated steady investor interest as the broader market sentiment remained optimistic. This initial uptick set the tone for the stock’s midweek rally.

28 January: Intraday High and Strong Outperformance

On 28 January, REC Ltd demonstrated robust momentum, surging 3.82% to close at Rs.377.50. The stock reached an intraday peak of Rs.374.65, marking a 3.04% increase from its opening price. This 3.22% daily gain significantly outperformed the Sensex’s 1.12% rise to 36,188.16, highlighting REC Ltd’s relative strength within the finance sector. The stock’s two-day cumulative return reached 4.52%, reflecting sustained buying interest. Technical indicators showed the price trading above its 5-day, 20-day, 50-day, and 100-day moving averages, signalling short to medium-term strength, although it remained below the 200-day average.

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29 January: Quarterly Results Signal Profit Growth Slowdown

REC Ltd’s quarterly financial results released on 29 January revealed a slowdown in profit growth amid mounting margin pressures. The company reported a Profit Before Tax excluding Other Income of ₹5,095.53 crore and a Net Profit After Tax decline of 6.1% to ₹4,052.44 crore. Earnings Per Share fell to ₹15.39, the lowest in recent quarters. These results led to a downgrade in the company’s financial trend score from +6 to -3 over the past three months, reflecting a flat financial performance. Despite these challenges, REC Ltd maintained a conservative half-year debt-to-equity ratio of 6.18 times, one of the lowest in its peer group.

On the trading front, the stock closed at Rs.375.20, down 0.61% from the previous day’s close, with a volume spike to 839,529 shares. The price remained above the 5-day and 50-day moving averages but below the 20-day, 100-day, and 200-day averages, indicating mixed technical signals. The Sensex closed higher by 0.22%, underscoring REC Ltd’s relative underperformance on the day.

30 January: Price Pressure Amid Market Weakness

REC Ltd faced significant price pressure on 30 January, closing at Rs.364.35, down Rs.10.85 or 2.89%. The stock touched an intraday low of Rs.363.55, marking a 3.05% decline from the previous close. This underperformance was in line with broader market weakness, as the Sensex fell 0.22% to 36,185.03, trading below its 50-day moving average. REC Ltd’s shares traded above the 5-day and 50-day averages but remained below longer-term moving averages, signalling resistance and subdued momentum.

The stock’s volume of 659,715 shares reflected active trading amid cautious sentiment. The downgrade to a Mojo Score of 44.0 and a ‘Sell’ grade as of 1 January 2026 further weighed on investor confidence. Despite the short-term weakness, REC Ltd continues to offer a dividend yield of approximately 5.25%, which remains attractive for income-focused investors.

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Weekly Price Performance: REC Ltd vs Sensex

Date Stock Price Day Change Sensex Day Change
2026-01-27 Rs.363.60 +0.68% 35,786.84 +0.50%
2026-01-28 Rs.377.50 +3.82% 36,188.16 +1.12%
2026-01-29 Rs.375.20 -0.61% 36,266.59 +0.22%
2026-01-30 Rs.364.35 -2.89% 36,185.03 -0.22%

Key Takeaways

Positive Signals: REC Ltd demonstrated resilience by closing the week with a 0.89% gain, slightly outperforming the Sensex. The intraday high of Rs.374.65 on 28 January reflected strong buying interest and technical strength above key short- and medium-term moving averages. The company’s attractive dividend yield of around 5.25% remains a compelling feature for income investors. Additionally, REC Ltd’s conservative debt-to-equity ratio of 6.18 times provides financial stability amid market uncertainties.

Cautionary Signals: The quarterly results revealed a slowdown in profit growth and margin pressures, leading to a downgrade in the financial trend score and a ‘Sell’ Mojo Grade. The stock’s inability to sustain gains above longer-term moving averages, coupled with a 2.89% decline on 30 January amid broader market weakness, signals near-term challenges. The company’s modest market capitalisation grade of 1 may also contribute to higher volatility and liquidity concerns.

Overall, REC Ltd’s week was characterised by mixed momentum, with strong midweek gains offset by profit-taking and cautious sentiment following earnings. The stock’s performance relative to the Sensex and sector peers highlights both its potential and the risks investors face in the current environment.

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