rec stocks

REC shares rally by 3% after signing MoUs of Rs 1.12 lakh crore

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REC shares rally by 3% after signing MoUs of Rs 1.12 lakh crore

The shares of Rural Electrification Corporation (REC) surged by 3% to day’s high of Rs 563.25 on BSE after signing a non-binding Memorandum of Understandings (MoUs) of Rs 1.12 lakh crore over a period of five years. REC signed these MoUs with RE developers at the RE-INVEST 2024 event. These MoUs cover projects based on … Read more

REC declares interim dividend of Rs 3.50. Check record date

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REC declares interim dividend of Rs 3.50. Check record date

The state-owned company REC Ltd on Saturday declared an interim dividend of Rs 3.50 per share for the financial year 2024-25 along with its results for the quarter ended June 30, 2024. “Declaration of interim dividend @ Rs 3.50/ – (Rupees Three and Paise Fifty only) per equity share of Rs 10 each for the … Read more