Motilal Oswal is bullish on Rural Electrification Corporation (REC) and has recommended buy rating on the stock with a target of Rs 310 in its May 25, 2011 research report.
CMP of REC as on 27th May 2011 is 202.35. 52 Week H/L for the stock is 414 / 191. It is currently trading at a PBV multiple of 1.26 based on FY12 Book Value of Rs. 160. The market Cap of the company is Rs. 19,971 crores.
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