REC Ltd's Stock Price Declines by -3.44% on October 25th, Reflecting Challenges in Finance/NBFC Sector

REC Ltd, a largecap finance company, saw a decline of -3.44% in its stock price on October 25th, 2024. This underperformance was reflected in the stock's movement throughout the day, with an intraday low of Rs 502.3, a decrease of -3.77%. The stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. The finance and NBFC sector as a whole has also seen a decline of -2.31%, further highlighting the challenges faced by REC Ltd. However, the company does offer a high dividend yield of 3.16% at its current price. According to MarketsMOJO, a leading stock analysis platform, the stock call for REC Ltd is 'Hold'. This is based on the company's recent performance, with a -3.35% decline in the past day and a -7.36% decline in the past month, compared to the Sensex's -0.99% and -6.92% performance, respectively. It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of REC Ltd's recent stock performance in the finance/NBFC industry. As always, investors are advised to conduct their own research and make informed decisions when it comes to their investments.