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REC shares tumble 4% after Q4 profit drops 22% but Motilal Oswal stays Buy

Business
Published on 29 April 2026
REC shares tumble 4% after Q4 profit drops 22% but Motilal Oswal stays Buy

Brokerage highlights stable spreads despite the profit fall

REC shares fell over 4% after the company reported a 22% year-on-year drop in Q4 net profit to Rs 3,375 crore. Weak disbursements and modest loan growth weighed on sentiment, but Motilal Oswal kept a ‘Buy’ rating, pointing to attractive valuations and stable spreads as reasons to stay optimistic.

  • REC shares dropped more than 4% after Q4 net profit fell 22%
  • Net profit stood at Rs 3,375 crore in the quarter
  • Disbursements were weak and loan growth was modest
  • Motilal Oswal stayed bullish on valuations and stable spreads
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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