ilmscore | REC | Fundamental Analysis | Stock Updates 2023 | CA Rachana Ranade

REC | Fundamental Analysis | Stock Updates 2023 | CA Rachana Ranade

Published: 2023-10-27
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
REC Limited aims to grow its loan book to 10 trillion rupees by 2030, with an accelerated target of achieving this by 2027-2028.
"management mentions that they intend to increase their loan book to 10 trillion rupees that is 10 lakh crores by 2030, but in the transcript if you check they've also mentioned that we we would be in a position to meet this target by 27-28 itself"
RECL
Pending
REC Limited plans to allocate 30% of its loan book to non-power infrastructure projects, which is expected to be a significant revenue driver.
"Currently company intends to lend 30% of their book to non-power infrastructure sector and if they are able to successfully run this I think this can again be a good major driver to the revenue of the company"
RECL
Pending
REC Limited has increased its hedging of outstanding borrowings from 60% to 91%, reducing its exposure to foreign currency fluctuations.
"Currently this number of hedging has gone up to 91% of the outstanding borrowings and this number in the previous year stood barely at 60% of the outstanding borrowings"
RECL
Pending
REC Limited expects to resolve approximately 7,500 crores of stressed assets within the current financial year and an additional 6,500 crores in the next financial year.
"nine stressed assets which amount to almost 7,500 crores are expected to be resolved in this financial year and the balance 10 which amount to almost 6,500 crores are expected to be resolved in the next financial year"
RECL
Pending
Management of REC Limited anticipates recovering 50-60% of their previously provisioned stressed assets, potentially leading to write-backs and increased profitability.
"management feels the recovery may be in the range of 50 to 60% okay so 30 was expected actually there is a chance that they may recover 50 to 60%"
RECL
Pending