REC Limited, together with its subsidiaries, engages in the provision of financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing for power sector and coal mines; policy for funding against regulatory assets, and revolving bill payment facility services; and provides letter of undertaking in lieu of bank guarantee, etc. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Pradhan Mantri Surya Ghar Muft Bujli Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; provides project implementation and consultancy services in powe
| Current Price | ₹325.05 |
|---|---|
| Market Cap | ₹85,593 Cr |
| Sector | Financials > Financial Services > Financial Services |
| Sub-Industry | NBFC |
| P/E Ratio | 5.3 |
| Return on Equity | 19.96% |
| Beta (1Y) | 0.67 |
| Dividend Yield | 1.91% |
1. Lending to Power, Logistic and Infrastructure Sector-100%
Rural Electrification Limited (REC) is trading at ₹325.05, with a market capitalisation of ₹85,593 Cr.
Rural Electrification Limited (REC) operates in the Financials > Financial Services > Financial Services space (NBFC).
Rural Electrification Limited (REC) has a P/E of 5.3 and a return on equity of 19.96%.