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Reliance Communications Ltd Slides 4.11%, S&P BSE Telecom index Drops 1.53%

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Capital Market

Reliance Communications Ltd has lost 15.66% over last one month compared to 1.6% fall in S&P BSE Telecom index and 2.73% drop in the SENSEX

Reliance Communications Ltd lost 4.11% today to trade at Rs 0.7. The S&P BSE Telecom index is down 1.53% to quote at 1191.99. The index is down 1.6 % over last one month. Among the other constituents of the index, Tejas Networks Ltd decreased 2.72% and Bharti Infratel Ltd lost 2.01% on the day. The S&P BSE Telecom index went up 19.79 % over last one year compared to the 11.28% surge in benchmark SENSEX.

Reliance Communications Ltd has lost 15.66% over last one month compared to 1.6% fall in S&P BSE Telecom index and 2.73% drop in the SENSEX. On the BSE, 1.25 lakh shares were traded in the counter so far compared with average daily volumes of 15.42 lakh shares in the past one month. The stock hit a record high of Rs 7.53 on 22 Feb 2019. The stock hit a 52-week low of Rs 0.55 on 19 Nov 2019.

 

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First Published: Feb 26 2020 | 9:45 AM IST

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