I Bought REC Keeping In Mind The Upcoming Budget
Bought REC For The Upcoming Budget Why REC? REC is a good company coming under the power sector. I have bought 84 shares only. Kept half of the money for next investment. Fundamentals: FV = 10 CMP - 516.92 PE - 8.42 P/BV - 1.71 P/S - 2.50 MCap - 134,426 cr ROE - 20.39 Debt/Equity - 6.42 Div - 16 (11) Net Profit- 4079 (2023 - 3308) Reserve - 66717 (54805[2023]) ROCE - 68.62 PEG - 0.311 FII - 19.91 DII - 15.49 Sales - 12677 (12051[2023]) Cash Flow- 34 (-179[2023]) Interest Coverage - 1.60(1.50) Bought 84 shares now...date 21st June, 2024.