New Delhi, July 27 -- Dividend stock REC extended gains for the second consecutive session on Monday, 27 July, buoyed by healthy Q1FY27 results. REC share price opened at Rs.358.85 against its previous close of Rs.361.45 and climbed nearly 2% to an intraday high of Rs.367.90. In the previous session, the stock rose by 0.82%.

On 24 July, REC reported a 23% quarter-on-quarter (QoQ) rise in its net profit at Rs.4,149 crore for Q1FY27. Net interest income (NII) for the quarter increased by 5% QoQ to Rs.5,212 crore.

REC's NIM for the quarter stood at 3.34%, reflecting the strength of its lending portfolio and disciplined financial management.

REC's standalone loan book stood at nearly Rs.5.90 lakh crore as on 30 June 2026, which is the larg...