Reliance Communications is currently trading at Rs. 86.20, up by 0.50 points or 0.58% from its previous closing of Rs. 85.70 on the BSE.
The scrip opened at Rs. 87.00 and has touched a high and low of Rs. 87.70 and Rs. 86.10 respectively. So far 1117451 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 87.10 on 22-Dec-2015 and a 52 week low of Rs. 45.65 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 87.70 and Rs. 81.80 respectively. The current market cap of the company is Rs. 21554.56 crore.
The promoters holding in the company stood at 59.70% while Institutions and Non-Institutions held 29.58% and 10.30% respectively.
Reliance Communications (RCOM) has sold nearly 150 residential flats situated at Sea Woods complex in Navi Mumbai. The disposal marks the commencement of RCOM’s monetization programme for surplus real estate owned by the Company. The sale consideration for the disposal of the flats at Navi Mumbai has been finalized at over Rs 330 crore. RCOM has already received more than 50% of the sale proceeds and the balance amount will be realized during the current financial year, upon completion of documentation, etc. presently underway.
RCOM also expects to finalize and announce plans very shortly for monetization of its valuable real estate measuring nearly 4 acres, situated at a prime location in New Delhi (being the erstwhile Ranjit Hotel property, just off Connaught Place, New Delhi). The entire proceeds from the monetization of real estate will be utilized by RCOM for repayment of debt, as part of its overall deleveraging plans.
Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of about 150 million, including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1584.05 |
| Vodafone Idea | 8.41 |
| Indus Towers | 358.75 |
| Tata Communications | 1801.30 |
| Bharti Hexacom Ltd. | 1399.45 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Inatant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
