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Harshal Parmar

8th Sep · SEBI-Registered Analyst

“Looking for a stock yielding nearly 5% while trading at a bargain? Meet REC Limited!”

RECLTD
5 Strong Advantages of REC Limited Stock - Attractive Valuation REC Limited trades at a P/E of 5.69, making it one of the most undervalued names in the financial services space. - High Dividend Yield The stock offers a dividend yield of 4.93% and maintains a healthy payout ratio of 29.8%, delivering reliable income for investors. - Robust Profitability Metrics With an ROE of 21.5% and a ROCE of 9.96%, REC demonstrates efficient use of equity and capital to generate returns. - Consistent Earnings & Revenue Growth EPS has grown at 17% per annum over the last three years, while revenue climbed 16% year-on-year, underscoring sustainable expansion. - Government Backing & Market Confidence Closing at ₹366.15 (+0.51%), REC enjoys steady investor interest, and as a PSU under India’s Ministry of Power, it benefits from strong policy support and low credit risk. Major Support at Rs. 355 to Rs. 360 Major Resistance at Rs. 400

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