close
Business
close
Investor's Psychology

Analysing REC Ltd. with Sonam Shrivastava

Created on 21 Feb 2023

Wraps up in 10 Min

Read by 121 people

Updated on 28 Feb 2023

Premium articleElite

For over five decades, the Rural Electrification Corporation (REC) has been a vital force in India's electrification journey. Established in 1969 to support rural development through electrification, REC has made significant strides in the power sector. It set up a national training institute in 1979, became a Public Financial Company in 1992, and received Mini Ratna status in 2002. The company's achievements culminated in 2008 when it was listed on the stock exchange, with a 27 times subscription rate reflecting investor confidence.

REC's hard work and dedication didn't go unnoticed, and in the same year, it was elevated to a Navratna status, a title given to the nine best performing PSUs. REC's unwavering commitment to the power sector continued, and in 2019, it was divested when Power Finance Corporation acquired 52.63% of its shareholding.

You are missing out on so much.

To continue reading, Subscribe.

You can have unlimited access to all the Elite Articles. Log in to check if your Finology account is ready for Elite.

By Subscribing to Finology One, you can unlock more superpowers -

  • Up to 3 premium articles every week
  • 15+ Stock recommendations with Recipe.
  • 45+ premium courses with Quest.
  • Valuation Calculators and more tools with Ticker.

You get all of these in one, with One.

comment on this article
share this article
Photo of Kirti Pimpalgaonkar

An Article By -

Kirti Pimpalgaonkar

48 Posts

2.8m Views

37 Post Likes

The celebrity Youtuber at Finology who is ‘everything at once’, be it knowing financial concepts, making videos & reels, social media marketing, content creation or whatnot. She makes anything and everything her own and delivers the best. Kirti is often called the in-house Pranjal Kamra when it comes to making videos. Finology's very own occasional Zumba teacher whom her colleagues  love & adore.

Share your thoughts

We showed you ours, now you show us yours (opinions 😉)

no comments on this article yet

Why not start a conversation?

Looks like nobody has said anything yet. Would you take this as an opportunity to start a discussion or a chat fight may be.

Under Investor's Psychology

"A few" articles ain't enough! Explore more under this category.

close
Share this post
share on facebook

Facebook

share on twitter

Twitter

share on whatsapp

Whatsapp

share on linkedin

Linkedin

Or copy the link to this post -

https://insider.finology.in/behavioral-finance/analysing-rec-ltd-with-sonam-shrivastava

copy url to this post
Copied