Shares of REC NSE 1.39 % Ltd. traded 2.68 per cent up at Rs 151.5 on Wednesday at around 10:10AM (IST), while the benchmark BSE Sensex advanced 310.15 points to 51335.63.
As many as 299,025 shares changed hands on the counter with a total value of Rs 4.5 crore.
The stock quoted a 52-week high price of Rs 156.85 and a 52-week low of Rs 79.0.
On the technical charts, the 200-DMA of the stock stood at Rs 117.88, while 50-DMA was at Rs 143.34. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
