Network18 Media, RCom, GVK Power up 5% on heavy volumes

Network18 Media & Investments, Reliance Communications and GVK Power & Infrastructure have rallied up to 16% on the BSE in intra-day trade on back of heavy volumes

Shares of Network18 Media & Investments, Reliance Communications (RCom) and GVK Power & Infrastructure rallied by up to 16% on the BSE in intra-day trade on back of heavy volumes. The trading volumes on these counter more than doubled as compared to an average trading volumes in past two weeks, the BSE data shows.

RCom was up 8% higher at Rs 16.95, after surging 16% in intra-day trade. The stock hit high of Rs 18.20 in early morning trade after the company on Monday made a comprehensive debt resolution plan to its domestic and foreign Lenders.

"RCom's debt