Last 265.70 INR
Change Today -1.10 / -0.41%
Volume 1.8M
As of 7:06 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

rural electrification corp (RECL) Snapshot

Open
268.70
Previous Close
266.80
Day High
270.50
Day Low
263.30
52 Week High
07/7/14 - 383.40
52 Week Low
08/28/13 - 160.60
Market Cap
262.4B
Average Volume 10 Days
2.7M
EPS TTM
48.01
Shares Outstanding
987.5M
EX-Date
09/2/14
P/E TM
5.5x
Dividend
9.50
Dividend Yield
3.48%
Current Stock Chart for RURAL ELECTRIFICATION CORP (RECL)

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rural electrification corp (RECL) Details

Rural Electrification Corporation Limited, a public financial institution, provides finance assistance for rural electrification projects in India. It offers finance for intensive electrification projects; pump set projects; the improvement of transmission, sub transmission, and distribution systems; the procurement and installation of meters, transformers, capacitors, etc.; and for various working capital requirements, such as the purchase of fuel for power plant, as well as for the purchase of power, material and minor equipment, and system and network maintenance, including transformer repairs, etc. The company also provides debt refinancing for state power utilities/private power utilities by repaying their term loans raised from other banks/financial institutions; short term/medium term loans to the manufacturers of power/electrical material for power projects; finance for the development of rural electric cooperative societies; and term loans to state/central sector/private sector companies for power generation projects. It serves state electricity boards, state government departments, and rural electric cooperatives. The company was incorporated in 1969 and is based in New Delhi, India.

678 Employees
Last Reported Date: 08/26/13
Founded in 1969

rural electrification corp (RECL) Top Compensated Officers

Chairman, Managing Director, Chairman of Loan...
Total Annual Compensation: 3.4M
Director of Finance, Executive Director, Chai...
Total Annual Compensation: 2.4M
Director of Technical, Executive Director, Me...
Total Annual Compensation: 4.7M
Compensation as of Fiscal Year 2013.

rural electrification corp (RECL) Key Developments

Rural Electrification Corporation Limited Announces Final Dividend for Financial Year 2014, Payable on October 01, 2014

Rural Electrification Corporation Limited announced final dividend at INR 1.75 per equity share for financial year, 2013-2014, as recommended by the Board of Directors in its Meeting held on May 26, 2014 and subject to the provisions of Section 123 of the Companies Act, 2013 (erstwhile Section 206A of the Companies Act, 1956), if approved by the Members at Annual General Meeting of the company will be paid on October 01, 2014.

Rural Electrification Corporation Limited Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2014

Rural Electrification Corporation Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, on standalone basis, the company reported total income from operations of INR 46,671.3 million against INR 39,884.5 million a year ago. Profit from operations before other income and exceptional items were INR 17,353.1 million against INR 15,750.3 million a year ago. Profit from ordinary activities before tax was INR 17,748.8 million against INR 15,879.6 million a year ago. Net profit for the period was INR 12,827.9 million against INR 11,536.6 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 12.99 against INR 11.68 a year ago.

Rural Electrification Corporation Limited to Report Q1, 2015 Results on Aug 12, 2014

Rural Electrification Corporation Limited announced that they will report Q1, 2015 results on Aug 12, 2014

 

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RECL

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Valuation RECL Industry Range
Price/Earnings 4.7x
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Price/Cash Flow 4.7x
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