Reliance Communications Ltd Slips 5%, S&P BSE Telecom index Shed 1.55%

Reliance Communications Ltd has lost 11.63% over last one month compared to 7.38% fall in S&P BSE Telecom index and 6.86% rise in the SENSEX

Reliance Communications Ltd fell 5% today to trade at Rs 2.28. The S&P BSE Telecom index is down 1.55% to quote at 1253.1. The index is down 7.38 % over last one month. Among the other constituents of the index, Bharti Airtel Ltd decreased 2.17% and ITI Ltd lost 0.7% on the day. The S&P BSE Telecom index went up 32.9 % over last one year compared to the 3.2% surge in benchmark SENSEX.

Reliance Communications Ltd has lost 11.63% over last one month compared to 7.38% fall in S&P BSE Telecom index and 6.86% rise in the SENSEX. On the BSE, 2.22 lakh shares were traded in the counter so far compared with average daily volumes of 139.1 lakh shares in the past one month. The stock hit a record high of Rs 4.33 on 29 Jul 2020. The stock hit a 52-week low of Rs 0.55 on 19 Nov 2019.

 

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