REC shares dip 7% but long-term outlook strong, say analysts

Rural Electrification Corporation (REC) shares may have fallen 7% in the last one month, but analyst Krishna Pathak believes the long-term story remains intact. According to Pathak, the current price offers a compelling entry point with strong support at ₹339. Fundamentally, REC posted a subdued March-quarter performance but revised its AUM guidance lower for FY26.