✘ NOT COMPLIANT
Corporate Financial Services | India
REC Ltd has failed the Business screen because of its involvement in Interest-based Finance loans, finance, financing and related activities.
The financials fail all the three standards we check against.
Total Analysts: 5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
|Dividends per Share||0.17|
REC Limited is an India-based infrastructure finance company. The Company’s main business is to provide finance to power sector. The Company’s principal products include interest-bearing loans to state electricity boards, state power utilities/state power departments and private sector for all segments of power infrastructure. It is engaged in financing projects and schemes of various power sector value chain, including generation (both conventional and renewable energy), transmission, distribution, rural electrification and activities having forward or backward linkage with power projects. It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities through its network of approximately 22 offices. The Company also acts as the nodal agency or project implementing agency for various schemes and programs of the Ministry of Power, Government of India.
|✘ FTSE||✘ AAOIFI||✘ DJIM|
✘ NOT COMPLIANT
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