RCom advances on the buzz to launch 4G services across India in phases

Reliance Communications Ltd. | Telecommunication - Service Provider | Telecom | BSE: 532712 | NSE: RCOM

10 Jun 2016 Evaluate

RCom is currently trading at Rs. 49.70, up by 0.85 points or 1.74% from its previous closing of Rs. 48.85 on the BSE.

The scrip opened at Rs. 49.00 and has touched a high and low of Rs. 50.05 and Rs. 48.80 respectively. So far 11,54,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 91.80 on 01-Jan-2016 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. 50.05 and Rs. 47.55 respectively. The current market cap of the company is Rs. 12,382.00 crore.

The promoters holding in the company stood at 58.85% while Institutions and Non-Institutions held 28.77% and 11.94% respectively.

Reliance Communications (RCom) is all set to launch 4G services on its own across India in phases, starting mid-August from the key circles of Mumbai, Delhi, Kolkata, and will gradually leverage its sharing agreement with Reliance Jio Infocomm as clearances come through.

India’s fourth largest telecom company is expecting clearances from the telecom department on its sharing deal with Jio in eight circles in a week to 10 days, having already got approval for nine others previously.

RCom is engaged in providing information and communications services. It provides telecom services for mobile and fixed line telephony. It offers code division multiple access (CDMA), global system for mobile (GSM), and 3G wireless services, wireline, voice, data, video, internet services.

Reliance Communs. Share Price

0.92 -0.01 (-1.08%)

02-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1876.05
Vodafone Idea	14.50
Indus Towers	383.75
Tata Communications	1937.95
Bharti Hexacom	1442.95
View more..

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