REC Ltd’s Stock Price Declines by -3.44% on October 25th, Reflecting Challenges in Finance/NBFC Sector
On October 25th, 2024, REC Ltd, a largecap finance company, experienced a -3.44% decline in its stock price, with an intraday low of Rs 502.3. This underperformance is in line with the overall decline of -2.31% in the finance and NBFC sector. However, the company does offer a high dividend yield of 3.16% at its current price. According to MarketsMojo, the stock call for REC Ltd is ‘Hold’ based on its recent performance compared to the Sensex. Investors are advised to conduct their own research before making any investment decisions.
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