NSE: RECLTD · 27 October 2026
- REC Limited shares fell 4.31% today, settling at ₹285.35 after touching an intraday low of ₹283.70 and a high of ₹296.30.
- The company announced the receipt of No Objection Letters from both BSE and NSE on October 19, 2026, concerning the proposed scheme of merger of REC Limited with and into Power Finance Corporation Limited. The amalgamation remains subject to statutory approvals, including clearance from the Reserve Bank of India and NCLT sanction.
- Trading volume was 1.62 times the 20-day average daily volume.
Why is REC share price falling on 27 October 2026?
REC Limited shares fell 4.31% today, settling at ₹285.35 after touching an intraday low of ₹283.70 and a high of ₹296.30.
The broader market remained relatively flat, with the Nifty edging down by 0.02%. The stock's decline deepens its recent retracement, tracking a 5.62% pullback over the past 5 trading days and an 8.82% correction across the last 20 trading days.
Recent corporate developments include the receipt of No Objection Letters from BSE and NSE on October 19 regarding the proposed scheme of merger with Power Finance Corporation Limited, subject to regulatory clearances including the Reserve Bank of India. While these structural updates shape the broader corporate outlook, today's downward price action appears driven by prevailing selling pressure and continuation of recent weakness rather than any single new session-specific announcement.
1.28 crore shares traded by 27 October 2026 · 02:55 PM IST. This compares with a 20-day average daily volume of 78.66 lakh shares (1.62 times). The five-day average daily volume was 41.09 lakh shares. Separately, the NSE report for 26 October 2026 showed 12.39 lakh shares delivered, representing 37.49% of that day’s traded volume. The same report recorded 35,779 trades.
The stock declined alongside elevated trading volumes relative to its 20-day average, extending a multi-week downward trend without a fresh single-day operational catalyst.
Latest Company Developments
The company announced the receipt of No Objection Letters from both BSE and NSE on October 19, 2026, concerning the proposed scheme of merger of REC Limited with and into Power Finance Corporation Limited. The amalgamation remains subject to statutory approvals, including clearance from the Reserve Bank of India and NCLT sanction.
Regulatory progression on the merger advances the consolidation process between the two major public sector financial institutions.
REC Power Development and Consultancy Limited incorporated three wholly owned subsidiaries—Bikaner V Part D Power Transmission Limited, Bikaner V Part C Power Transmission Limited, and YEIDA Power Transmission Limited—on October 23, 2026. These entities were established to execute inter-state and intra-state transmission projects awarded under tariff-based competitive bidding frameworks.
Expands the company's project-specific subsidiary footprint in alignment with mandated power evacuation and infrastructure schemes.
Following the execution of a share purchase agreement on October 16, 2026, the entire shareholding of project-specific subsidiary Nawada Durgapur Power Transmission Limited was transferred to Shivalaya Construction Limited. Consideration received totaled ₹18,44,62,442, inclusive of professional fees and expense reimbursements.
Demonstrates the ongoing execution and monetization model of transmission SPVs developed through competitive bidding.
Record date for 2nd Interim Dividend for the financial year 2026-27.
Record date for 2nd Interim Dividend for the financial year 2026-27.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.18% on 30 September 2026. This compares with 8.51% on 30 June 2026, a change of -2.33 percentage points.
The filing reported 34 MF/UTI holders.
What to Watch Next
- Progression of the proposed merger scheme with Power Finance Corporation and pending RBI approvals
- Upcoming investor conference call scheduled for October 29, 2026
- Execution progress and bidding outcomes across transmission subsidiary projects
- Delivery volume trends and cash participation levels around key support zones
Other Dated Coverage
- REC Share Price Today: Why RECLTD Is Falling 2.37% | 23 October 2026 — 23 October 2026
- REC Share Price Today: Why RECLTD Is Falling 0.51% | 21 October 2026 — 21 October 2026
- REC Limited in Focus After RBI Approves Merger With Power Finance Corp | 16 October 2026 — 16 October 2026
More REC news and dated analysis →
Frequently Asked Questions
What is the latest REC company news?
The company announced the receipt of No Objection Letters from both BSE and NSE on October 19, 2026, concerning the proposed scheme of merger of REC Limited with and into Power Finance Corporation Limited. The amalgamation remains subject to statutory approvals, including clearance from the Reserve Bank of India and NCLT sanction.
How strong was REC’s trading volume?
1.28 crore shares traded, 1.62 times the 20-day average daily volume. The price and volume data are dated 27 October 2026 · 02:55 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.
