February 14, 2025
Home » Buy REC, target price Rs 600: ICICI Securities Jobbery Stock Market update
Buy REC, target price Rs 600:  ICICI Securities

ICICI Securities recommends buying REC shares, setting a target price of Rs 600. REC, a large-cap company in the Term Lending Institutions sector, reported increases in both Total Income and net profit for the quarter ending 30-09-2024. REC aims for a 30% share in renewables by FY30, supported by strong macro tailwinds and expected capex.

Leave a Reply

Your email address will not be published. Required fields are marked *