REC Limited stock gains 1.47 percent after subsidiary filing

Published on 10/06/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

REC Limited stock carried a market value of INR 790.0 billion on October 6, 2026, while Q1 FY27 revenue fell 2.0 percent. Net profit reached INR 4,193 crore.

REC, INE020B01018, Illustration mit AI erstellt.

REC Limited (ISIN INE020B01018) was trading at INR 300 on the NSE on October 6, 2026 at 3:15 p.m. IST, up 1.47 percent from the previous close. On October 6, 2026, Economic Times reported REC's intimation of the incorporation of subsidiary companies. The filing gives the stock a corporate-action catalyst while the latest earnings still point to slower growth.

Subsidiary filing meets a firmer tape

The October 6 announcement is a company action rather than a quarterly earnings release, but it arrived as REC stock traded 1.47 percent higher during the NSE session. Volume stood at 5,488,206 shares, giving the move a measurable market backdrop.

REC's market capitalization was INR 790.0 billion on October 6, 2026. The stock's 52-week range was INR 286.20 to INR 388.30, placing the latest price 22.7 percent below the yearly high and 4.8 percent above the yearly low.

Q1 FY27 revenue falls 2.0 percent

For the quarter ended June 30, 2026, REC reported consolidated revenue of INR 14,435 crore, down 2.0 percent from the year-earlier quarter, according to Screener. The same quarter produced net profit of INR 4,193 crore, a 6.1 percent year-over-year decline, with earnings per share of INR 15.92.

The earnings mix makes the October 6 market response important: the share price gained while the most recent reported revenue and profit figures contracted. REC's quarterly financing margin was 36 percent in June 2026, compared with 38 percent in June 2025, adding a second measure of pressure beneath the headline profit figure.

REC stock stays above its yearly low

REC Limited stock was last at INR 300 on the NSE on October 6, 2026 at 3:15 p.m. IST. The price remains 22.7 percent below the 52-week high of INR 388.30, keeping the current market signal positive for the session but below the year's upper range.