REC Ltd fell for a fifth straight session today. The stock is quoting at Rs 363.1, down 0.79% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 24651.6. The Sensex is at 78768.04, up 0.24%.REC Ltd has gained around 1.92% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 0.34% in last one month and is currently quoting at 26843.9, up 0.18% on the day. The volume in the stock stood at 29.66 lakh shares today, compared to the daily average of 46.47 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 362.65, down 0.6% on the day. REC Ltd tumbled 5.68% in last one year as compared to a 0.23% rally in NIFTY and a 1.85% spurt in the Nifty Financial Services index.
The PE of the stock is 5.99 based on TTM earnings ending June 26.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: