“REC LTD– पावर सेक्टर का फंडिंग राजा, इंफ्रा ग्रोथ का इंजन – हर प्रोजेक्ट के साथ बढ़ता मुनाफ़ा!”

Technical Analysis: Stock holds above 14-day EMA ₹344 with pivot ₹342-350; resistance ₹360-375, support ₹336 (52-wk low zone). RSI/MFI neutral ~58 shows buying inflow, ADX 32 indicates trend strength; recent volume uptick confirms reversal from downtrend.

Fundamental Analysis: Market cap ₹90,000-93,000 Cr, P/E 5.25-5.40 (industry 21), ROE 20.68-21.5%, ROCE 9.96%, dividend yield 5.08-5.23%. Q2FY26 profit ₹4,415 Cr (+9% YoY), revenue ₹15,153 Cr (+11% YoY); 5-yr sales CAGR 13%, profit 26% with low debt coverage concerns. Recent Buying Pressure Reasons: 3-day buying follows Q2 results beat (profit +9% YoY) and PSU awards momentum; traders eye value at 1.09x P/B vs peers. Open interest buildup + moderate MFI signals position for bounce from 52-wk low amid power sector rotation. Positive News & Events Impact: PSU Transformation Awards (Dec 21): Won 4 accolades in cyber security, ESG, risk mgmt, website transformation boosting governance image. ET Infra Award (Nov): Green financing for Mumbai Metro projects highlights infra leadership. Q2FY26 Results: Profit ₹4,415 Cr (+9% YoY), revenue growth 11% supports FY26 guidance. Impact: Reinforces Maharatna status, attracts FII/PSU flows; 3-yr return 232% vs Sensex 38%. Positive Points: Power infra financing leader (Maharatna PSU, 52.6% promoter holding). High dividend payout 29-30%, trading at discount to book value. Strong long-term growth: 5-yr stock CAGR 29%, healthy working capital cycle. Negative Points: Low interest coverage ratio, potential interest capitalization risks. 1-yr return -31%, near 52-wk low ₹331 amid sector pressure. Quarterly profit dip QoQ in recent trends.