REC LIMITED Share Price

NSE

Company Profile


REC Limited incorporated in 1969, emerged today, as a leader in providing financial assistance to the power sector in all segments, be it generation, transmission, or distribution. They are a Navratna company under the Ministry of Power. They fund their business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings, on their own. Domestically, they hold the highest credit ratings from CRISIL, ICRA, IRRPL, and CARE, and internationally are rated at par with the sovereign ratings. Under the discerning leadership of highly qualified and experienced professionals, which has effectively harnessed the individual talents of all their employees, they have maintained consistent profit margins and paid dividends each year since fiscal 1998. They have thus propelled themselves to a net worth of over ₹40,000 crores.

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