1. Rural Electrification Corporation Ltd is a 10 rupee face value stock.
2. REC is a PSU company means REC is a govt of India enterprises visit the company website here:-
3.Rural Electrification Corporation Ltd is included in the Nifty Financial Services index, so this is a blue-chip company which available at an undervalued price.
2. Year high of Rural Electrification Corporation Ltd is 156.75 year low was 78.75, Year high / low ratio is below 2 and stock traded at 145.50,
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3. Promoters of Rural Electrification Corporation Ltd hold 52.63% Promoters holding is good with nil pledged stock ( REC is a PSU Stock so govt of India is the promoter of this stock)
4.Rural Electrification Corporation Ltd REC is a good dividend paying PSU stock and pay dividend twice in a year see past dividend history of REC here:-
5. Base price of Rural Electrification Corporation Ltd is 123.36 So REC is traded 18% above from his base price so I think this is the right time to buy. | |
6. No bonus issue right issue and bulk deals are recorded in the last 2 years.
7. Rural Electrification Corporation Ltd net sale per share of FY 19-20 is 150.85.
8. Net sale per share 150.85 is also suggest that this stock is a value buy
9. Book value of Rural Electrification Corporation Ltd is 177.61 So in book value terms this stock is also a value buy at CMP.
EPS=30.92 P/E=4.7 Beta=0.90 Dividend Yield=7.57%
8. Overall I think REC may achieve his target of 25%+ in the STP method.
Download last 3-year closing price data with the graph from this link:-
9. 200 DMA of Rural Electrification Corporation Ltd is 107.88 So at CMP 145.50 REC is traded above his all 5,10,20,30,50,100 and 200 DMA's
10. STP price for 18 Jan 2021 to 31 Jan 2021 is=147.90 and after that update this price twice in a month ( at every 1st and 16 th day of the month) and continue to buy on this 15 days high until stock give 25% target, New Readers who do not know about STP Method then please watch this video for more details:-
11. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog.
12.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not to hold any share of Rural Electrification Corporation Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Rural Electrification Corporation Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Rural Electrification Corporation Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Rural Electrification Corporation Ltd). 6. I have been not engaged in the market-making activity for the subject company (Rural Electrification Corporation Ltd).
