REC shares rise after strong Q1FY27 earnings report
pre-market1 source ↓written by the desknot a recommendation
- to an intraday
- 2%
- intraday high
- ₹367.90
- 27 July
- in net profit
- 23% QoQ increase
- for Q1FY27
- ₹4,149 cr
REC shares extended gains for the second consecutive session, climbing nearly 2% to an intraday high of ₹367.90 on 27 July. The stock was buoyed by a 23% QoQ increase in net profit to ₹4,149 cr for Q1FY27, alongside a 5% rise in net interest income to ₹5,212 cr. The company's capital adequacy ratio stood at 23.06%, well above the regulatory minimum.
Not investment advice. For informational purposes only.