RCom is currently trading at Rs. 141.05, up by 1.50 points or 1.11% from its previous closing of Rs. 139.55 on the BSE.
The scrip opened at Rs. 139.60 and has touched a high and low of Rs. 141.30 and Rs. 139.40 respectively. So far 1, 34,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 164.45 on 20-Sep-2013 and a 52 week low of Rs. 50.25 on 26-Mar-2013.
Last one week high and low of the scrip stood at Rs. 143.75 and Rs. 134.00 respectively. The current market cap of the company is Rs. 29,092 crore.
The promoters holding in the company stood at 67.80% while Institutions and Non-Institutions held 20.43% and 11.49% respectively.
Reliance Communications (RCom) has hiked its 3G data prices by around 27% and the new rates have become effective from December 1, 2013 for new connections, while those subscribers on the old plan will continue with their old rates. This move comes four months after the operator unveiled its plan making its 3G cheaper than 2G, for both pre-paid and post-paid users.
As per the increased rates, the company’s Rs 123 pack which came with 1 GB data, will now provide only 400 MB. The same plan will now yield 60 per less data. The subscriber will have to shell out Rs 156 for 1 GB data. Moreover, its Rs 246 pack which earlier allowed downloads worth 2 GB, will now allow only 1.5 GB.
The company reported 800% rise in its net profit at Rs 81 crore for the second quarter ended September 30, 2013 as compared to Rs 9 crore for the same quarter in the previous year. Total income of the company increased by 13.50% at Rs 3472 crore for quarter under review as compared to Rs 3059 crore for the quarter ended September 30, 2012.
| 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.. | |
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