Recent Price Movement and Market Context
REC Ltd has experienced a positive price movement in the past week, gaining 5.67% compared to the Sensex's modest 1.00% rise. This recent uptick is part of a four-day consecutive gain, during which the stock has appreciated by 6.08%. On 23-Dec, the stock reached an intraday high of ₹357.40, marking a 3.76% increase within the trading session. These short-term gains indicate renewed investor interest and optimism, particularly as the stock outperformed its sector by 2.2% on the day.
However, this positive momentum contrasts with the stock's longer-term performance. Over the past month, REC Ltd has declined by 1.06%, and its year-to-date return stands at a steep negative 29.23%, significantly lagging behind the Sensex's 9.45% gain...
Read More













