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Reliance Communications Ltd Falls 4.4%

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Capital Market

Reliance Communications Ltd has added 29.85% over last one month compared to 18.01% gain in S&P BSE Telecom index and 0.5% rise in the SENSEX

Reliance Communications Ltd lost 4.4% today to trade at Rs 0.87. The S&P BSE Telecom index is down 0.17% to quote at 1092.35. The index is up 18.01 % over last one month. Among the other constituents of the index, GTL Infrastructure Ltd decreased 4.08% and Tejas Networks Ltd lost 2.71% on the day. The S&P BSE Telecom index went up 13.78 % over last one year compared to the 13.33% surge in benchmark SENSEX.

Reliance Communications Ltd has added 29.85% over last one month compared to 18.01% gain in S&P BSE Telecom index and 0.5% rise in the SENSEX. On the BSE, 1.56 lakh shares were traded in the counter so far compared with average daily volumes of 49.42 lakh shares in the past one month. The stock hit a record high of Rs 16.49 on 14 Dec 2018. The stock hit a 52-week low of Rs 0.55 on 19 Nov 2019.

 

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First Published: Dec 12 2019 | 9:45 AM IST

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