Archive · 5 Jun 2025
REC Ltd. Shares Rise Following Bond Issuance Approval
Shares of REC Ltd.
went up in value.
This happened because the company's board decided to issue bonds, which is a way to get money.
The stock started trading higher than before and reached a peak during the day.
The price is higher than what it was at the end of the previous trading day.
REC Ltd. shares gained for a second day.
The increase follows board approval for raising funds via bonds.
The stock opened at Rs 404.60 on the BSE.
The intraday high was Rs 409.70.
The stock is trading above 5-day and 20-day moving averages.
- Who
- REC Ltd.
- What
- REC Ltd.'s share price increased.
- When
- Thursday
- Where
- Mumbai, India.
- Why
- The company's board approved raising funds via bonds.
- Opening Price
- Rs 404.60
- Intraday High
- Rs 409.70
- Increase from Previous Close
- 2.18%
- Trading Price
- Rs 403.80
Sources
Stocks to Watch: HAL, REC, YES Bank, Gland Pharma and more
REC board approves fundraise of up to ₹1.55 lakh crore via bonds
PowerGrid acquires MPTL to boost Mahan power project in Madhya Pradesh
India's REC gets nod to sell deep-discount debt for a second time, document shows
