CBI raids REC MD house; stock slips 5%

Rural Electrification Corporation (REC) touched an intraday high of Rs 226 and an intraday low of Rs 216.65. At 14:58 hrs the share was quoting at Rs 217, down Rs 11.40, or 4.99% on the NSE. CBI raided company's MD and Chairman, Jairaj Phatak's House in connection with Adarsh Hsg scam, reports CNBC-TV18.

March 15, 2011 / 15:06 IST
Story continues below Advertisement

Rural Electrification Corporation (REC) touched an intraday high of Rs 226 and an intraday low of Rs 216.65. At 14:58 hrs the share was quoting at Rs 217, down Rs 11.40, or 4.99% on the NSE.

CBI raided company's MD and Chairman, Jairaj Phatak's House in connection with Adarsh Hsg scam, reports CNBC-TV18. Jairaj Phatak is a former BMC Commissioner.
 
It was trading with volumes of 2,910,111 shares. In the previous trading session, the share closed down 0.07% or Rs 0.15 at Rs 228.40.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days234.50217.00-17.50-7.46
5-Days240.25217.00-23.25-9.68
7-Days243.45217.00-26.45-10.86
15-Days235.65217.00-18.65-7.91
1-Month247.40217.00-30.40-12.29
3-Month328.65217.00-111.65-33.97
6-Month353.40217.00-136.40-38.60
9-Month294.50217.00-77.50-26.32
1-Year239.05217.00-22.05-9.22

first published: Mar 15, 2011 03:01 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!