RECLTD
REC Limited
Financial Services
Share price
₹300
Market cap
₹79,128 Cr
1Y return
▼ 17%
A Central Public Sector Undertaking under India's Ministry of Power, REC Limited finances projects across the entire power sector value chain, including generation, transmission, and distribution infrastructure. The company provides financial support to state electricity boards, private developers, and renewable energy enterprises nationwide. REC operates as a dedicated infrastructure finance institution supporting India's power sector development and energy transition goals through long-term project financing.
Investors holding REC Limited
3.33%
0.00%
Recent moves 4
LICIncreased
Life Insurance Corporation of India bought 9.93 lakh shares of REC Limited through the open market, raising its stake from 4.99% to 5.03%. This purchase crossed the 5% regulatory disclosure threshold.
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LICIncreased
LIC increased its stake in REC Limited from 2.84% to 3.33%, buying 12,846,047 shares. The value of the additional shares is approximately ₹445.03 crore, based on REC's share price of ₹346.50.
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Nippon India Mutual FundIncreased
Nippon India Mutual Fund increased its stake in REC Limited from 1.28% to 1.86%, raising its shareholding from 33,817,244 to 48,975,476 shares.
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ICICI Prudential Mutual FundExited
ICICI Prudential Mutual Fund, which previously held a 2.01 percent stake in REC Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its holding to below the 1 percent reporting threshold.
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