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

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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.

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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.

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