Shares of REC Ltd edged higher after the company successfully raised Rs 5,000 crore through the issuance of bonds. The stock is currently trading at RS 436.65, up by 3.75 points or 0.87% from its previous close of RS 432.90 on the BSE.

The scrip opened at RS 434.95 and has moved between a high of RS 441.00 and a low of RS 433.20 during the session. Trading volume on the counter stood at 50,923 shares so far.

REC, part of the BSE ‘A’ group, has a face value of RS 10. It marked a 52-week high of RS 653.90 on July 12, 2024, and a 52-week low of RS 357.45 on February 28, 2025. Over the past week, the stock has fluctuated between RS 447.25 and RS 419.00. The company's current market capitalization stands at RS 1,14,597.91 crore.

Promoter holdings in the company remain at 52.63%, while institutional and non-institutional investors hold 35.32% and 12.05%, respectively.

The bond issuance includes RS 3,000 crore in five-year bonds with a 6.87% coupon rate and RS 2,000 crore in 10-year bonds offering a 6.86% coupon. These bonds will be listed on both the BSE and NSE, improving their liquidity and investor accessibility.

Rated ‘AAA’ by CARE Ratings, ICRA, and India Rating & Research (IRRPL), the bonds reflect the highest level of safety in terms of timely financial obligation servicing.

REC continues to play a pivotal role in rural electrification by providing financial assistance to state electricity boards, government departments, and rural electric cooperatives.