Shares of REC slipped over 11% from record high in early deals on Monday amid a rally in the broader markets. REC stock, which touched a record high of Rs 539.85 on May 3 slipped to Rs 501.90 today, losing 11.48% during the period. REC shares hit the lower circuit of 10% to Rs 501.90 on BSE today. Market cap of the firm fell to Rs 1.32 lakh crore. REC Limited stock opened lower at Rs 531.10 today.