REC Ltd Hits Intraday High with Strong 3.22% Surge on 28 Jan 2026

Intraday Trading Highlights

On 28 Jan 2026, REC Ltd recorded a significant intraday rally, touching a high of Rs 374.65, which represents a 3.04% gain from its previous close. The stock closed the day with a 3.22% increase, outperforming the Finance sector by 1.03% and the Sensex benchmark by 2.70 percentage points. This marks the second consecutive day of gains for REC Ltd, with a cumulative return of 3.74% over this period.

The trading activity was characterised by sustained buying interest, pushing the price above key short- and medium-term moving averages. The stock traded above its 5-day, 20-day, 50-day, and 100-day moving averages, signalling positive short-term momentum. However, it remained below the 200-day moving average, indicating some longer-term resistance.

Market Context and Comparative Performance

The broader market, represented by the Sensex, opened flat with a marginal change of 34.88 points but gained traction to close 375.46 points higher at 82,267.82, a 0.5% increase. Despite this positive movement, the Sensex remains 4.73% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself is positioned above the 200-day moving average, suggesting a mixed technical backdrop.

Within this environment, REC Ltd’s 3.20% single-day gain significantly outpaced the Sensex’s 0.52% rise, underscoring the stock’s relative strength. Over the past week, REC Ltd has delivered a 5.24% return compared to the Sensex’s 0.45%, and over the past month, it has gained 5.07% while the Sensex declined by 3.25%. These figures highlight REC Ltd’s resilience amid broader market fluctuations.

Longer-Term Performance and Dividend Yield

REC Ltd’s performance over extended periods presents a mixed but generally positive picture. Year-to-date, the stock has gained 5.16%, outperforming the Sensex which declined by 3.45%. Over one year, REC Ltd has experienced a decline of 10.57%, contrasting with the Sensex’s 8.40% gain. However, over three, five, and ten-year horizons, REC Ltd has delivered substantial returns of 225.60%, 262.30%, and 432.13% respectively, far exceeding the Sensex’s corresponding gains of 38.68%, 75.53%, and 236.26%.

Additionally, the stock offers a high dividend yield of 5.4% at the current price level, providing an attractive income component for investors. This yield is notable within the Finance sector and adds to the stock’s appeal amid the prevailing market conditions.

Mojo Score and Rating Update

REC Ltd currently holds a Mojo Score of 50.0, reflecting a Hold rating. This represents an upgrade from its previous Sell rating, effective from 01 Jan 2026. The Market Capitalisation Grade stands at 1, indicating a large-cap status. The rating change suggests an improvement in the stock’s quality and market perception, aligning with its recent price strength and trading performance.

Technical Indicators and Moving Averages

The stock’s position relative to moving averages provides insight into its technical condition. Trading above the 5-day, 20-day, 50-day, and 100-day moving averages signals short- to medium-term strength. However, the stock remains below the 200-day moving average, which often serves as a key long-term trend indicator. This suggests that while the stock is showing positive momentum, it has yet to break through a significant resistance level that could confirm a sustained upward trend.

Sector and Market Leadership

Within the Finance sector, REC Ltd’s outperformance is particularly notable given the broader market’s cautious tone. The Sensex’s gains today were led by mega-cap stocks, and REC Ltd’s strong intraday performance places it among the more resilient names in the sector. The stock’s ability to outperform both its sector and the benchmark index highlights its current strength in trading activity.

Summary of Trading Action

REC Ltd’s strong intraday performance on 28 Jan 2026 was driven by sustained buying pressure that pushed the stock to its day high of Rs 374.65. The 3.22% day change is a marked improvement over recent sessions and reflects a positive shift in market sentiment towards the stock. The stock’s ability to outperform both its sector and the Sensex benchmark underscores its current strength in the market.

With a high dividend yield of 5.4% and a recent upgrade in its Mojo rating from Sell to Hold, REC Ltd is demonstrating improved fundamentals and technical positioning. The stock’s trading above multiple moving averages, except the 200-day, indicates a positive short- and medium-term outlook, while the longer-term trend remains to be confirmed.

Overall, REC Ltd’s intraday surge and recent performance metrics highlight its resilience and capacity to generate returns in a fluctuating market environment.

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