HUDCO Vs REC

Hi buddy here I am looking for short info related to Housing and Urban Development Corporation Limited (HUDCO) and Rural Electrification Corporation Limited (REC), so will you plz let me know short info of both companies??

[KunwarR]

As you want here I am telling short info of Housing and Urban Development Corporation Limited (HUDCO) and Rural Electrification Corporation Limited (REC), on your demand :

Housing and Urban Development Corporation Limited (HUDCO) is a government-owned corporation in India.

Company profile:

Type Public Sector Undertaking

Traded as BSE: 540530

NSE: HUDCO

Industry Housing Finance

Founded 1970

Headquarters New Delhi

Key people Dr. Medithi Ravi Kanth, IAS(r).(Chairman & managing director)

Revenue 15306.0 million

Number of employees 976

Rural Electrification Corporation Limited (REC) is a public Infrastructure Finance Company in India’s power sector. The company finances and promotes rural electrification projects across India.

Company profile

Type State-owned enterprise

Traded as BSE: 532955

NSE: RECLTD

Founded New Delhi, Delhi, India (25 July 1969; 48 years ago)

Headquarters Core-4, SCOPE Complex, 7, Lodhi Road, New Delhi, Delhi, India

Area served India

Key people P.V. Ramesh Babu (Chairman & MD)

Revenue ₹105.09 billion (US$1.6 billion) (2011–12)

Operating income ₹75.91 billion (US$1.2 billion) (2011–12)

Profit ₹28.17 billion (US$440 million) (2011–12)

Total assets ₹1,087.29 billion (US$17 billion) (2011–12)

Total equity ₹147.45 billion (US$2.3 billion)[3] (2011–12)

Owner Government of India

Number of employees 600 (2011–12)

Subsidiaries REC Transmission Projects Company Limited (RECTPCL)

REC Power Distribution Company Limited (RECPDCL)