REC: Morgan Stanley on REC Limited Overweight with Target Price ₹455 as weak Q4 performance (PAT -21% YoY, miss of 17–22%) driven by higher provisioning, weaker PPOP, and muted growth (AUM +3% YoY, disbursements -9% QoQ, NIM 3.55% below estimates), though underlying asset quality remains healthy and valuations appear attractive (~6x FY27 P/E, ~1x P/BV).

 29 Apr 2026 08:50 AM

REC: Morgan Stanley on REC Limited Overweight with Target Price ₹455 as weak Q4 performance (PAT -21% YoY, miss of 17–22%) driven by higher provisioning, weaker PPOP, and muted growth (AUM +3% YoY, disbursements -9% QoQ, NIM 3.55% below estimates), though underlying asset quality remains healthy and valuations appear attractive (~6x FY27 P/E, ~1x P/BV).

Rec Limited: Board Approves ₹1,60,000 Crore Market Borrowing Plan For FY 2026-27 Including Bonds, External Commercial Borrowings, And Short-Term Loans.

 25 Mar 2026 10:37 AM

Rec Limited: Board Approves ₹1,60,000 Crore Market Borrowing Plan For FY 2026-27 Including Bonds, External Commercial Borrowings, And Short-Term Loans.

REC: Co Clarifies On Report "Govt Considering Merger Of State-run Entities Pfc And Rec" || Co Is Not Engaged In Any Such Discussions Or Negotiations

 03 Feb 2026 05:21 PM

REC: Co Clarifies On Report "Govt Considering Merger Of State-run Entities Pfc And Rec" || Co Is Not Engaged In Any Such Discussions Or Negotiations