# REC share price today (REC Ltd, NSE: RECLTD) > REC share price today: ₹284.50 at the NSE close on 3 November 2026, down 24.1% in a year. REC (NSE: RECLTD) is worth ₹74,811 crore, trades at a P/BV of 0.8 and has closed between ₹284.50 and ₹380.65 over the past 52 weeks. > REC Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. RECLTD · Finance - PSU Lending · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/rec-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: ₹284.50 (−24.1% in a year) - P/BV: 0.8× (lower than 59% of the last 11 years) - Revenue (Sep 2026): ₹15,000 Cr (−1.0% on a year ago) - Profit (Sep 2026): ₹3,478 Cr (−21.2% on a year ago) - Net margin: 23.2% (−5.9 points on a year ago) - ROE: 20%, FY26 - ROA: 2.30%, latest The main question: yearly earnings per share moved +2.7% while the share price moved −24.1%. ## What is the REC share price today? REC Ltd's share price was ₹284.50 at the close on 3 November 2026. It has been falling for 92 weeks. That is 16.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹285 and ₹381, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 13 weeks running. Over the last 11 years the share price moved +356% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 7 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at REC this quarter? One change stood out: profit down on a year earlier for 4 quarters in a row. 1. Profit down on a year earlier for 4 quarters in a row In the September 2026 quarter profit was ₹3,478 crore, -21.2% on a year earlier. Why: Profit fell because the gap between what REC earns on loans and what it pays to borrow came under pressure. Management blamed competition, the sector reducing risk and borrowing costs. Next results: check whether the gap between loan income and borrowing costs holds at 3.22%, since management said it would be happy just to keep it there. From the earnings call on 29 Oct 2026. ## What dividend does REC pay? REC paid ₹17.10 a share in regular dividends in the 12 months to 4 November 2026 (5 payments), a yield of 6.01% at the ₹284.50 close on 3 November 2026. The last was an interim dividend of ₹3.50 a share, ex-date 30 October 2026. ### REC dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 30 Oct 2026 | ₹3.50 | Interim | same day | | 14 Aug 2026 | ₹1.55 | Dividend | same day | | 31 Jul 2026 | ₹4.25 | Interim | same day | | 20 Mar 2026 | ₹3.20 | Interim | same day | | 6 Feb 2026 | ₹4.60 | Interim | same day | | 27 Oct 2025 | ₹4.60 | Interim | same day | | 14 Aug 2025 | ₹2.60 | Dividend | same day | | 1 Aug 2025 | ₹4.60 | Interim | same day | | 26 Mar 2025 | ₹3.60 | Interim | same day | | 14 Feb 2025 | ₹4.30 | Interim | same day | | 8 Nov 2024 | ₹4 | Interim | same day | | 9 Aug 2024 | ₹3.50 | Interim | same day | | 28 Jun 2024 | ₹5 | Dividend | same day | | 28 Mar 2024 | ₹4.50 | Interim | same day | | 13 Nov 2023 | ₹3.50 | Interim | same day | | 14 Aug 2023 | ₹3 | Interim | same day | | 14 Jul 2023 | ₹4.35 | Dividend | same day | | 9 Feb 2023 | ₹3.25 | Interim | same day | | 7 Nov 2022 | ₹5 | Interim | 9 Nov 2022 | | 12 Jul 2022 | ₹4.80 | Dividend | 13 Jul 2022 | | 15 Feb 2022 | ₹6 | Interim | 16 Feb 2022 | | 11 Nov 2021 | ₹2.50 | Interim | 12 Nov 2021 | | 16 Sep 2021 | ₹1.71 | Dividend | 17 Sep 2021 | | 13 Aug 2021 | ₹2 | Interim | 17 Aug 2021 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. REC Ltd paid out 30% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What are REC's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), REC reported total income of ₹15,000 crore, down 1.0% from ₹15,153 crore a year earlier, and a profit of ₹3,478 crore, down 21.2% from ₹4,415 crore. ### REC results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Total income | ₹15,000 crore | ₹15,153 crore | −1.0% | | Profit | ₹3,478 crore | ₹4,415 crore | −21.2% | | Earnings per share | ₹13.21 | ₹16.77 | −21.2% | | Net margin | 23.2% | 29.1% | −5.9 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). REC's management discussed these results on a call held on 29 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.) ## What is the REC share price history? REC closed at ₹284.50 on 3 November 2026, down 24.1% from ₹374.85 a year earlier (31 October 2025) and up 147.4% over five years. Its highest weekly close since March 2016 was ₹637.35 on 12 July 2024. ### REC share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹293.95 | −3.2% | | 1 month ago · 1 Oct 2026 | ₹287.75 | −1.1% | | 6 months ago · 30 Apr 2026 | ₹354.30 | −19.7% | | 1 year ago · 31 Oct 2025 | ₹374.85 | −24.1% | | 3 years ago · 3 Nov 2023 | ₹303.85 | −6.4% | | 5 years ago · 4 Nov 2021 | ₹114.98 | +147.4% | | 10 years ago · 4 Nov 2016 | ₹92.96 | +206.0% | | Earliest weekly close in our records · 11 Mar 2016 | ₹62.38 | +356.1% | | Highest weekly close since March 2016 · 12 Jul 2024 | ₹637.35 | −55.4% | | Lowest weekly close since March 2016 · 20 May 2016 | ₹58.22 | +388.7% | | 52-week high (weekly close) · 2 Jan 2026 | ₹380.65 | −25.3% | | 52-week low (weekly close) · 3 Nov 2026 | ₹284.50 | 0.0% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on REC? 3 Nov 2026: REC closed at ₹284.50, down 3.2% on the week and down 1.1% on the month. 30 Oct 2026: ex-date for an interim dividend of ₹3.50 a share. ### Earlier - 29 Oct 2026: REC held its results call for July to September 2026. - Results for July to September 2026: Total income down 1.0% and profit down 21.2% on a year earlier. - 14 Aug 2026: ex-date for a dividend of ₹1.55 a share. - 31 Jul 2026: ex-date for an interim dividend of ₹4.25 a share. - 20 Mar 2026: ex-date for an interim dividend of ₹3.20 a share. ## What did REC management say on the latest results call? On the call for July to September 2026, held on 29 October 2026, REC's management spoke about the quarter; the main points are below. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/4904-29-Oct-2026.pdf). (From the call for July to September 2026, 29 October 2026.) ## Which stock lists is REC on? REC is on 4 of our India lists: 52 week high & low, Dividend stocks, Small & mid cap stocks and Power & green energy stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) - [Dividend stocks Regular dividend yield (%): 5.96](https://www.sectoralpha.in/dividend-stocks-india) - [Small & mid cap stocks Size rank in India: 137](https://www.sectoralpha.in/small-cap-stocks-india) - [Power & green energy stocks Group on the list: Power lenders](https://www.sectoralpha.in/sectors/power-stocks-india) ## Is REC profitable? REC Ltd earned ₹3,478 Cr of net profit in the Sep 2026 quarter, −21.2% on the same quarter a year earlier. Full-year FY26 profit was ₹16,308 Cr. Over 10 years profit has grown 11.1% a year on average. That is 23.2% of the quarter's revenue. The same quarter a year earlier earned ₹4,415 Cr. For the full year, FY26 profit was ₹16,308 Cr (+2.7% on the year before). Why profit moved: revenue changed −1.0% on a year earlier and the margin moved −5.9 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −12.4% and revenue −0.6%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does REC make, and is it growing? REC Ltd reported ₹15,000 Cr of income in the Sep 2026 quarter, −1.0% on the same quarter a year earlier. Over 10 years it has grown 9.5% a year on average. The last full year, FY26, came in at ₹59,586 Cr. The last four reported quarters add to ₹59,050 Cr. FY26 revenue was ₹59,586 Cr, +5.7% on the year before. Recent pace: the last four quarters grew −0.6% on average, against 9.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −0.7%, against +7.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −12.6%, against +0.7% a year (rolling over). ## How much does REC keep from what it earns? REC Ltd's net margin was 23.2% in the Sep 2026 quarter, 5.9 percentage points lower than the same quarter a year ago. Across 13 years it has been between 16.6% and 29.8%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of REC's loans have gone bad? REC Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is REC's loan book growing? REC Ltd's revenue was ₹59,586 Cr in FY26, +5.7% on the year before, so the loan book is growing. The latest quarter was −1.0% on a year earlier. The net margin on that income is 23.2%, −5.9 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is REC's P/BV ratio, and how does it compare with its own history? REC Ltd's P/BV is 0.8×, in the middle of its own history: higher than 41% of past readings. Its usual P/BV (the middle reading) is 0.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −24.1%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved +19.9% a year; about +14.0% a year came from book-value growth and about +5.9 percentage points from the multiple (the market paying more); over 10 years the price moved +11.8% a year; about +12.2% a year came from book-value growth and about −0.4 percentage points from the multiple (roughly no change). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple. ## Is the REC business getting better or worse? REC Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −0.7% in the latest quarter, against +115.2% at its best in 12 quarters, with ROE falling at 15.9%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does REC earn on its equity and assets? REC Ltd earned a return on equity of 20% in FY26. Its lowest yearly reading on file was 13% in FY18. On its assets, every ₹100 earned about ₹2.30, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 11.1% a year over 10 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does REC have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the REC shareholding pattern? Foreign institutions cut their stake in REC Ltd by 4.4 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 16.8% of the company. Domestic institutions moved +2.3 points over the same period, to 16.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −4.4 points over 8 quarters, to 16.8%; Domestic institutions: +2.3 points over 8 quarters, to 16.6%; Promoters: +0.0 points over 8 quarters, to 52.6%. Why the owners changed: foreign institutions moved −4.4 points and domestic institutions +2.3 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is REC from balance-sheet trouble? For REC Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does REC rank in its industry? 47.2 out of 100, rank 4 of 6 in Finance - PSU Lending, with 88% of the evidence available. REC Ltd scores 47.2 out of 100 against the 6 companies it is compared with in Finance - PSU Lending, ranking 4. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 4.3 + 20.2 + 16.2 + 6.5 = 47.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is REC compared with? REC ranks 4 of 6 Finance - PSU Lending companies on the 4-Factor Sector Score, with 47.2 out of 100. 1. [Indian Renewable Energy Development Agency Ltd](https://www.sectoralpha.in/stocks/indian-renewable-energy-development-agency-ltd) IREDA · quiet · Most evidence points up · 93% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.3/35 · Income 17% · Profit 14.3% · 100% evidence Capital efficiency 18.8/25 · ROA 2% · ROE 15.6% · GNPA n/a · 72% evidence Valuation 15.3/20 · P/BV 1.95× · P/BV÷ROE 0.13 · 100% evidence Relative strength 4.5/20 · Lead over its industry -20.1% · Lead over NIFTY 500 -16.4% · 1 year -34.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.3 + 18.8 + 15.3 + 4.5 = 66.9 · What this means: Earnings are strong; relative strength in its sector is -20.1% and the one-year return is -34.5%. 2. [Tourism Finance Corporation of India Ltd](https://www.sectoralpha.in/stocks/tourism-finance-corporation-of-india-ltd) TFCILTD · leader · Most evidence points up · 93% evidence 65.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.1/35 · Income 14.6% · Profit 40% · 88% evidence Capital efficiency 18.7/25 · ROA 5.1% · ROE 9.8% · GNPA 0.4% · 88% evidence Valuation 2.4/20 · P/BV 5.56× · P/BV÷ROE 0.57 · 100% evidence Relative strength 20.0/20 · Lead over its industry 82.9% · Lead over NIFTY 500 86.6% · 1 year 128.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.1 + 18.7 + 2.4 + 20 = 65.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Power Finance Corporation Ltd](https://www.sectoralpha.in/stocks/power-finance-corporation-ltd) PFC · basing · Evidence leans up · 79% evidence 56.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.0/35 · Income 4.6% · Profit 4.1% · 67% evidence Capital efficiency 19.7/25 · ROA n/a · ROE 20.7% · GNPA 0.7% · 61% evidence Valuation 17.5/20 · P/BV 0.73× · P/BV÷ROE 0.04 · 100% evidence Relative strength 3.3/20 · Lead over its industry -19.1% · Lead over NIFTY 500 -15.7% · 1 year -22.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16 + 19.7 + 17.5 + 3.3 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. REC Ltd this page RECLTD · quiet · Evidence leans down · 88% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.3/35 · Income -0.8% · Profit -12.6% · 86% evidence Capital efficiency 20.2/25 · ROA 2.2% · ROE 20.1% · GNPA n/a · 72% evidence Valuation 16.2/20 · P/BV 0.79× · P/BV÷ROE 0.04 · 100% evidence Relative strength 6.5/20 · Lead over its industry -16.5% · Lead over NIFTY 500 -12.8% · 1 year -23.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 4.3 + 20.2 + 16.2 + 6.5 = 47.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 5. [IFCI Ltd](https://www.sectoralpha.in/stocks/ifci-ltd) IFCI · quiet · Most evidence points down · 70% evidence 34.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.1/35 · Income 4.8% · Profit -13.3% · 55% evidence Capital efficiency 12.1/25 · ROA 1.7% · ROE 2% · GNPA n/a · 68% evidence Valuation 4.8/20 · P/BV 1.65× · P/BV÷ROE 0.84 · 70% evidence Relative strength 6.8/20 · Lead over its industry -13.9% · Lead over NIFTY 500 -11.4% · 1 year -5.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 11.1 + 12.1 + 4.8 + 6.8 = 34.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Haryana Financial Corporation Ltd](https://www.sectoralpha.in/stocks/haryana-financial-corporation-ltd) HARAFIN · Too little evidence to rank firmly · 33% evidence 43.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/43.75 · Income 100% · Profit 100% · 29% evidence Capital efficiency 11.4/31.25 · ROA n/a · ROE 3.5% · GNPA n/a · 34% evidence Valuation 3.8/25 · P/BV 6.06× · P/BV÷ROE 1.76 · 70% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 28.1 + 11.4 + 3.8 = 43.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Finance - PSU Lending](https://www.sectoralpha.in/sectors/finance-psu-lending), all 6 compared on one page. ## Which companies are close to REC in size? REC is the 2nd largest of 6 Finance - PSU Lending companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Power Finance Corporation. Just below it: Indian Renewable Energy Development Agency, IFCI, Tourism Finance Corporation of India and Haryana Financial Corporation. ### Finance - PSU Lending companies close in size 1. [Power Finance Corporation Ltd](https://www.sectoralpha.in/stocks/power-finance-corporation-ltd) ₹1,03,491 crore 2. REC Ltd ₹75,205 crore 3. [Indian Renewable Energy Development Agency Ltd](https://www.sectoralpha.in/stocks/indian-renewable-energy-development-agency-ltd) ₹27,952 crore 4. [IFCI Ltd](https://www.sectoralpha.in/stocks/ifci-ltd) ₹14,730 crore 5. [Tourism Finance Corporation of India Ltd](https://www.sectoralpha.in/stocks/tourism-finance-corporation-of-india-ltd) ₹7,311 crore 6. [Haryana Financial Corporation Ltd](https://www.sectoralpha.in/stocks/haryana-financial-corporation-ltd) ₹1,360 crore [All 6 Finance - PSU Lending companies, largest first](https://www.sectoralpha.in/sectors/finance-psu-lending#all-companies) ### Companies close in size in other industries 1. [NHPC Ltd](https://www.sectoralpha.in/stocks/nhpc-ltd) ₹78,090 crore · Power - Generation/Distribution 2. [Info Edge (India) Ltd](https://www.sectoralpha.in/stocks/info-edge-indialtd) ₹77,136 crore · E-Commerce - Platform - Utility 3. REC Ltd ₹75,205 crore 4. [Oil India Ltd](https://www.sectoralpha.in/stocks/oil-india-ltd) ₹73,848 crore · Oil Drilling & Exploration 5. [JSW Infrastructure Ltd](https://www.sectoralpha.in/stocks/jsw-infrastructure-ltd) ₹73,651 crore · Marine Port & Services ## What else do people ask about REC? ### What is REC's share price today? REC Ltd's share price is ₹284.50, −24.1% over the past year. The whole company is worth ₹74,811 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹285 to ₹381), 16.3% below its 200-day average. The price has been falling for 92 weeks (as of 3 November 2026). ### What were REC's latest quarterly results? REC Ltd reported total income of ₹15,000 Cr and net profit of ₹3,478 Cr for the Sep 2026 quarter. Income fell 1.0% and profit fell 21.2% compared with a year earlier. Earnings per share were ₹13.21. The net margin was 23.2%, 5.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is REC's market cap? REC Ltd's market capitalisation is ₹74,811 Cr at a share price of ₹284.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is REC performing? REC Ltd's share price has been falling for 92 weeks. In its latest quarter, income fell 1.0% and profit fell 21.2% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 13 weeks running (as of 3 November 2026). ### Will REC's share price go up? This page does not forecast REC Ltd's share price. What it shows instead: the share price is ₹284.50, and it has been falling for 92 weeks. Its P/BV of 0.8× is higher than 41% of its own last 11 years (as of 3 November 2026). ### Where is REC in its business cycle? REC Ltd's FY26 net margin was 27.4%, against a 13-year range of 16.6% to 29.8%: the middle of its own range, neither a peak nor a low. The latest quarter was 23.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the REC story? The main question: yearly earnings per share moved +2.7% while the share price moved −24.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is REC a stock worth studying right now? What the numbers show: REC Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india - Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india This is research, not advice. We’re not SEBI-registered.