REC
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Stocks that will see action today May 6, 2024
Paytm’s parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said. Gupta steered the lending business, online and offline payments, and compliances, at Paytm. Verticals, headed by him were adversely impacted by the RBI’s ban on Paytm Payments Bank (PPBL) from carrying on new transactions.
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REC stock rallies after Q4 results
REC stock rallied over 8 per cent on the NSE on Thursday after the company reported its financial results for the quarter and year ended March 2024 on April 30, 2024.