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Reliance Comm makes flying start on bourses

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Deepak Korgaonkar Mumbai
Reliance Comm makes flying start on bourses
Deepak Korgaonkar / Mumbai March 07, 2006
Anil Ambani group races to fourth spot in market cap.

Reliance Communications Ventures Ltd (RCoVL) made a flying start on the bourses today, with a market capitalisation of Rs 35,574 crore.

The scrip was listed on the Bombay Stock Exchange (BSE) at Rs 290 a share, reached the day's high of Rs 309, and closed at Rs 290.85. On the National Stock Exchange (NSE), RCoVL was listed at Rs 307, which was also its day's high, and closed at Rs 291.50.

About Rs 2,145 crore worth shares were traded on the two bourses, accounting for 17 per cent of the total traded value on the exchanges.


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First Published: Mar 07 2006 | 12:51 AM IST

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