REC's Stock Performance Soars, Attractive Dividend Yield Makes it a Top Pick

REC, a leading finance and non-banking financial company (NBFC) in the largecap industry, has seen a positive trend in its stock performance. On November 25, 2024, REC's stock gained 4.96%, outperforming the sector by 3.15%. This has led to a 'Hold' call on the stock by MarketsMOJO.

The stock opened with a gain of 4.31% and reached an intraday high of Rs 534.25, showing a high volatility of 97.11%. This is calculated from the weighted average price. REC has been gaining for the last 2 days and has risen 7.82% in this period.

In terms of moving averages, REC's stock is currently higher than the 5-day, 20-day, and 200-day moving averages. However, it is lower than the 50-day and 100-day moving averages. This indicates a positive trend in the stock's performance.

Moreover, REC offers a high dividend yield of 3.36% at the current price, making it an attractive option for investors. In comparison to the Sensex performance, REC has outperformed with a 1-day performance of 4.99% and a 1-month performance of 4.34%.

Overall, REC's stock has shown a strong performance and is expected to continue its positive trend in the near future. With its solid financial standing and attractive dividend yield, REC remains a promising option for investors in the finance and NBFC industry.