Sumary of Share price of REC as Sensex drops 91.09 points:
- A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations..
- The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business..
- The scrip gained 50.8 per cent during the past one year, while the 30-share index advanced 80.02 per cent during the same period..
- Promotor/FII Holding Promoters held 52.63 per cent stake in the company as of 31-Dec-2020, while foreign investors and domestic institutional investors ownership stood at 26.37 per cent and 9.45 per cent, respectively…