Reliance Communications is currently trading at Rs. 52.60, up by 0.60 points or 1.15% from its previous closing of Rs. 52.00 on the BSE.
The scrip opened at Rs. 52.15 and has touched a high and low of Rs. 52.70 and Rs. 51.65 respectively. So far 757053 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 91.80 on 01-Jan-2016 and a 52 week low of Rs. 45.55 on 24-Jun-2016.
Last one week high and low of the scrip stood at Rs. 52.70 and Rs. 49.05 respectively. The current market cap of the company is Rs. 13067.14 crore.
The promoters holding in the company stood at 59.05%, while institutions and non-institutions held 26.73% and 14.18% respectively.
Global Cloud Xchange, a subsidiary of Reliance Communications (RCom), has unveiled the country's first software-defined wide-area network (SD WAN) solution-in-a-box for its enterprise customers. The solution dubbed as Cloud X WAN is best suited for India's challenging environment to address last-mile connectivity. It is targeting banks, government departments and others firms having offices across the country.
As digital innovation continues to push the Wide Area Network (WAN) boundaries globally, CIOs are forced to look for ways they can do more with less, especially as IT budgets across market segments have generally remained flat. Cloud X WAN will provide cloud-based managed services globally across the company’s proprietary Cloud X platform; a leading edge Cloud ecosystem and multi-service orchestration platform implemented in key hubs along GCX’s Global subsea network infrastructure.
Reliance Communications, the flagship company of the Reliance Group, is India's foremost and truly-integrated telecommunications service provider. The Company has a customer base of over 111 million, including over 2.6 million individual overseas retail customers. The company’s corporate clientele includes over 39,000 Indian and multinational corporations, including small and medium enterprises, and over 290 global, regional and domestic carriers.
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