REC's Stock Sees Slight Dip, But Still Offers High Dividend Yield and 'Buy' Call from MarketsMOJO

REC, a leading finance and NBFC company in the largecap industry, has recently faced a slight dip in its stock performance. On July 2nd, the company's stock saw a decrease of -3.09%, according to data from MarketsMOJO.

Despite this, MarketsMOJO has given a 'Buy' call for REC's stock, indicating positive prospects for the company. However, it is important to note that this is not a recommendation from experts or investors, but rather a fact-based analysis of the stock's performance.

In terms of price summary, REC's stock has underperformed the sector by -2.43% and has also seen a trend reversal after three consecutive days of gains. The stock's intraday low was Rs 530.8, showing a decrease of -3.59%.

On a positive note, REC's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company offers a high dividend yield of 3.69% at its current price.

Comparing REC's performance to the Sensex, the company's stock has seen a -2.97% decrease in the past day, while the Sensex has only seen a -0.16% decrease. However, over the past month, REC's stock has only seen a -0.64% decrease, while the Sensex has seen a 7.29% increase.

Overall, while REC's stock may have faced a slight dip in its performance, it is still trading above its moving averages and has a high dividend yield. With a 'Buy' call from MarketsMOJO, the company shows potential for growth in the future.