RCOM surges on introducing CDMA tablet in Kerala

10 Apr 2012 Evaluate

RCOM is currently trading at Rs. 83.80, up by 0.90 points or 1.09% from its previous closing of Rs. 82.90 on the BSE.

The scrip opened at Rs. 83.30 and has touched a high and low of Rs. 84.40 and Rs. 82.20 respectively. So far 448283 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 109.85 on 15-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. 88.20 and Rs. 82.50 respectively. The current market cap of the company is Rs. 17100.46 crore.

The promoters holding in the company stood at 67.86% while Institutions and Non-Institutions held 17.25% and 14.51% respectively.

Reliance Communications (RCOM), India's largest integrated telecom service provider has rolled out its CDMA tablet in the Kerala market on April 9, 2012. Malayalam film star Jayaram has launched fully loaded Android tablet at a function. With this, the company has emerged as the first telecom operator in the country to offer tablets on both the 3G and CDMA networks.

The Reliance CDMA Tab is supported by Reliance's CDMA network across 22 circles in over 1,000 towns in the country. The device is priced at Rs 12,999 and is further bundled with attractive monthly and annual data plans.

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.

Reliance Comm Share Price

1.82 0.00 (0.00%)
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