Company Joins Top 100 in Stock Market
A company has recently entered the top 100 companies in the stock market, providing significant returns to its investors. Over the past month, the company’s stock has grown by an impressive 46%. With a market capitalization of Rs 61,735 crore, it is now the 100th largest company in the country.
Impressive Returns for Investors
This government company has delivered a remarkable return of 107% to its investors in just six months. This has allowed investors to make substantial profits in a short period of time. The name of the company will be revealed shortly, but before that, if you want to stay updated with stock market news, join our WhatsApp community or Telegram community and YouTube channel.
Company Overview: REC Ltd
The company in question is REC Ltd, which is currently trading at around ₹235 per share. It specializes in financing rural electrification projects. Here are some key fundamentals of the company:
Company Fundamentals:
- Market Cap: ₹61,499 Cr.
- Current Price: ₹234
- High / Low: ₹239 / ₹91.0
- Stock P/E: 5.26
- Book Value: ₹221
- Dividend Yield: 5.40%
- Years: 9.14%
- ROE: 20.4%
- Face Value: ₹10.0
- Sales: ₹41,068 Cr.
- Debt: ₹3,80,790 Cr.
- Sales Growth: 4.72%
- Profit after Tax: ₹11,681 Cr.
- Return over 3 years: 41.5%
- Debt to Equity: 6.55
- Return on Equity: 20.4%
- Promoter Holding: 52.6%
- IN EVEBIT: 11.0
- Industry PE: 7.42
- Profit Variation over 3 Years: 31.0%
- Sales Growth over 3 Years: 9.66%
Overall, REC Ltd has shown strong performance and potential for growth in the stock market. Investors have benefited greatly from their investments in this government company.
News Summary:
★A government company, REC Ltd, has entered the top 100 companies in the stock market, delivering significant returns to its investors.
★The company’s stock has grown by 46% in the last month.
★REC Ltd specializes in financing rural electrification projects.
★Investors have earned a remarkable return of 107% in just six months from this company.
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