Reliance Communications (RCom) is currently trading at Rs. 10.10, down by 0.05 points or 0.49% from its previous closing of Rs. 10.15 on the BSE.
The scrip opened at Rs. 10.00 and has touched a high and low of Rs. 10.45 and Rs. 9.65 respectively. So far 76,49,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 41.00 on 06-Apr-2017 and a 52 week low of Rs. 9.60 on 15-Nov-2017.
Last one week high and low of the scrip stood at Rs. 15.05 and Rs. 9.60 respectively. The current market cap of the company is Rs. 2,513.87 crore.
The promoters holding in the company stood at 59.00%, while Institutions and Non-Institutions held 19.93% and 21.07% respectively.
The National Company Law Appellate Tribunal (NCLAT) has issued a notice to debt-laden Reliance Communications (RCom) over a petition filed by Manipal Technologies seeking to recover its dues. The appellate tribunal has agreed to hear the matter on December 4.
Manipal Technologies has claimed dues of Rs 2.74 crore for the biometrics finger print scanners supplied to RCom in 2016. The money was not paid as RCom claimed that the invoices were raised in the name of HP Financial Services and not RCom.
Reliance Communications is India’s foremost and truly integrated telecommunications service provider.
