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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#WatchOutFor#StockInNews#TechnicalViews#FundamentalViews#HiddenGems
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