Reliance Communication (RCOM) is currently trading at Rs. 96.95, up by 1.80 points or 1.89% from its previous closing of Rs. 95.15 on the BSE.
The scrip opened at Rs. 95.95 and has touched a high and low of Rs. 99.75 and Rs. 94.85 respectively. So far 72,81,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 113.85 on 05-Apr-2011 and a 52 week low of Rs. 61.00 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 99.75 and Rs. 86.85 respectively. The current market cap of the company is Rs. 20,010.00 crore.
The promoters holding in the company stood at 67.86% while Institutions and Non-Institutions held 17.25% and 14.51% respectively.
Reliance Communication, India's largest integrated telecom service provider, has made payment of $1182 million to make the largest ever redemption of all the outstanding Foreign Currency Convertible Bonds (FCCBs) from the $1000 million issued in February 2007 and due on March 1, 2012.
The company has made payment to the principal Agent of FCCB - Deutsche Bank Ag, London Branch. Further, the redemption amount is inclusive of the premium of 27.69%. However, post the redemption of these FCCBs, the paid up capital of the company remains unchanged. Accordingly, Reliance Communication will not be required to allot 6.17 crore equity shares of Rs 5 each arising out of potential conversion of said FCCBs.
Reliance Communications is India's foremost and truly integrated telecommunications service provider. The company has established a pan-India, next generation, integrated (wireless and wireline),convergent (voice, data and video) digital network that is capable of supporting best-of-class services spanning the entire communications value chain, covering over 24,000 towns and 600,000 villages.
Company Name | CMP |
---|---|
Bharti Airtel | 1727.80 |
Vodafone Idea | 7.21 |
Indus Towers | 346.80 |
Tata Communications | 1609.10 |
Bharti Hexacom Ltd. | 1398.95 |
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