About
Rural Electrification Corporation Limited is engaged in other financial services and activities-other Credit granting. The Company provides finance to power sector. It finances and promotes rural electrification projects all over the country. It provides financial assistance to State Electricity Boards, State Government Departments and Rural Electric Cooperatives for rural electrification projects as are sponsored by them.
Details
Market Cap: 19,927
Cr.Current Price: 100.9052
weeks High / Low 157.25 / 78.75
Book Value: 179.23
Stock P/E: 4.01
Dividend Yield: 10.90 %
ROCE: 9.20 %
ROE: 17.11 %
Sales Growth (3Yrs): 1.74 %
Listed on BSE and NSE
Checklist
Stock is trading at 0.56 times its book value at the same time is providing a goid dividend yield of 10.90%. Its current price us less than intrinsic value. There are no red flags in the company, hence default probality is very low. One can go long with a view of 2 years. Promoter holding remained unchanged.
Stock Funda 