REC Outperforms Sector Amid Positive Trading Momentum and High Dividend Yield

REC, a prominent player in the finance and non-banking financial company (NBFC) sector, has shown notable activity today, gaining 3.29% on March 6, 2025. This performance has allowed REC to outperform its sector by 2.4%. The stock has been on a positive trajectory, marking its fourth consecutive day of gains, with a total increase of 15.5% over this period.
During intraday trading, REC reached a high of Rs 416.5, reflecting a 3.49% increase. In terms of moving averages, the stock is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, REC offers a high dividend yield of 5.29% at its current price.

In the broader market context, the Sensex opened higher at 74,308.30, gaining 578.07 points, and is currently trading at 74,040.65. Despite REC's recent gains, its year-to-date performance remains down by 16.95%, contrasting with the Sensex's decline of 5.24%. Over the longer term, REC has demonstrated significant growth, with a remarkable 348.80% increase over the past three years.