Why REC Ltd Is the Market’s Hot Pick Today After RBI’s Big Move
June 20, 2025: REC Ltd (NSE: RECLTD) shares surged today following the Reserve Bank of India’s (RBI) announcement easing provisioning norms for project financiers. The stock closed at ₹415.30, marking a 3.05% gain from the previous session.
The central bank’s latest directive reduces provisioning requirements to 1% during the construction phase of projects and exempts existing projects from higher provisioning. This move is designed to ease financial pressure on lenders and boost funding for infrastructure and renewable energy initiatives.
The announcement sparked a strong buying interest in REC, along with its peers Power Finance Corporation (PFC) and Indian Renewable Energy Development Agency (IREDA), which also witnessed significant gains. REC’s trading volume surged to 1.44 million shares, with the price oscillating between ₹398.10 and ₹417.30 during the day.
Market analysts view the RBI’s decision as a positive step for the project finance sector, potentially improving liquidity and credit availability. Investors are optimistic about the outlook for REC Ltd, considering its key role in financing power and infrastructure projects across India.
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