08 Jan 2026

REC Shares Edge Higher; Subsidiary Launches New Power Transmission Unit

REC is currently trading at RS 385.00, up by 2.20 points or 0.57% from its previous close of RS 382.80 on the BSE.

The stock opened at RS 382.60 and recorded an intraday high of RS 387.00 and a low of RS 381.50. A total of 3,13,543 shares have been traded so far.

The BSE group ‘A’ stock with a face value of RS 10 previously touched a 52-week high of RS 520.60 on 07-Jan-2025 and a 52-week low of RS 331.10 on 18-Dec-2025.

Over the past week, the stock moved between a high of RS 387.75 and a low of RS 359.40. The current market capitalization of the company stands at RS 1,01,286.96 crore.

Shareholding data shows promoter holding at 52.63%, while institutions and non-institutions account for 33.88% and 13.49% respectively.

In corporate developments, REC’s wholly owned subsidiary — REC Power Development and Consultancy — has incorporated a new wholly owned unit named Munak Power Transmission. The new entity was formed to establish a 400 kV Munak (HVPNL) substation and associated transmission lines aimed at evacuating 800 MW of power from DCRTPP, Yamunanagar.

Previously, REC Power Development and Consultancy also launched another wholly owned subsidiary named Apta Power Transmission.

REC provides financial assistance to state electricity boards, state government departments, and rural electric cooperatives for rural electrification projects sponsored by them.