REC's Stock Performance Continues to Impress, Receives 'Buy' Call from MarketsMOJO

REC, a leading finance and NBFC company in the largecap industry, has been making waves in the stock market with its recent performance. On April 30, 2024, REC's stock gained 3.25%, outperforming the sector by 2.39%. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

In terms of price summary, REC has been on a consecutive gain streak for the past 7 days, with a rise of 12.01% during this period. The stock also touched an intraday high of Rs 477, showing a 2.98% increase. Furthermore, REC is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a strong upward trend.

Investors will also be pleased to know that REC has a high dividend yield of 3.3% at its current price. This makes it an attractive option for those looking for stable returns.

In comparison to the Sensex, REC has outperformed with a 1 day performance of 3.26% versus Sensex's 0.36%. In the past month, REC has also shown a strong performance with a 6.10% increase, while the Sensex has only risen by 1.75%.

Overall, REC's recent performance and positive outlook make it a promising stock to consider for investors in the finance and NBFC industry. With a 'Buy' call from MarketsMOJO and a strong track record, REC is definitely a stock to watch out for.