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REC Share Price Live

RECLTD

Large Cap | Finance

507.40

-5.00 (-0.98%)

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Rec Ltd FAQs

Rec Ltd (RECLTD) share price as of December 24, 2024, on NSE is Rs 507.4 (NSE) and Rs 507.4 (BSE) on BSE.
Yes, You can buy Rec Ltd (RECLTD) shares by opening a Demat account with Angel One.
Rec Ltd (RECLTD) share can be bought through the following modes:
1. Direct investment: You can buy Rec Ltd (RECLTD) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Rec Ltd (RECLTD) shares.
The main business of Rec is to provide infrastructure financing to diversified projects spread across the entire value chain of the power sector, ranging from generation to transmission and distribution. It is a Maharatna CPSU under the Power Ministry.
The main promoter of REC is Power Finance Corporation Ltd with 52.63% shareholding as of 30th September 2022.
Some of the main wholly owned subsidiaries that come under Rec are REC Power Development and Consultancy Limited (previously called REC Power Distribution Company Limited), Chandil Transmission Limited,Koderma Transmission Limited, Rajgarh Transmission Limited, Mandar Transmission Limited, and Dumka Transmission Limited.
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