Buy REC - Recommends Motilal Oswal

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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.
Download the full research report at the following link

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