A very good company from Govt. Finance sector. Comes from one of the highest dividend giving company lists. A company in existence since 1969 with Big role to make India Independent in Food via irrigation networks. Last year their role was major in completing PM dreams of 100% electricity to all villages which they completed last year by electrifying the last village of India in the East. When Recltd came with an IPO during the bear market of 2008 their revenue was 3400 crores along with Profits of 860 crores. Today after 11 years Recltd is having revenue of 23000 crore and making Net Profits of 5000 crores. Making more Profits today, it was doing its revenue 10 years back. 1 Lakh has returned via dividends on investment of 1 Lakh so your net investment has become zero. Current years 9M results are flat as revenue has grown by 19% but profits were flat with zero growth. New buying again can be done near 103 with 2-3 Years target of 202 and can even hold beyond that for wealth.