Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
124.45
Change Change %
3.40 2.81%

Updated:19 Nov, 2018, 15:31 PM IST

BSE
124.35
Change Change %
3.45 2.85%

Updated:19 Nov, 2018, 15:44 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
30-05-2016 Hold 161.90 170.00
N/A
Target Hit Long (1Y)
30-05-2017

Religare maintains hold on Rural Electrification Corporation

REC missed Q4 earnings estimates due to increase in provisions towards existing non-performing assets. We pare out FY17 and FY18 earnings estimates by 22 and 29 per cent respectively given weakening loan growth and elevated provisions. Revise target price on the stock to Rs 170 from Rs 185 earlier.

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