Reliance Communications is currently trading at Rs. 31.55, up by 0.05 points or 0.16% from its previous closing of Rs. 31.50 on the BSE.
The scrip opened at Rs. 31.55 and has touched a high and low of Rs. 33.00 and Rs. 31.15 respectively. So far 9699011 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 41.77 on 29-Dec-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. 34.05 and Rs. 30.55 respectively. The current market cap of the company is Rs. 8780.57 crore.
The promoters holding in the company stood at 59.00%, while Institutions and Non-Institutions held 19.93% and 21.07% respectively.
Global Cloud Xchange (GCX), a subsidiary of Reliance Communications (RCom) has unveiled key strategic plans for 2018 with its ‘Cloud and Fiber Initiative’ at the core. The construction of its recently-announced Eagle express submarine cable systems, from Mumbai - Westward to Italy & Eastward to Hong Kong - will be completely self-financed, with no upfront financing or investment requirements from the company.
In addition, GCX has also entered into key partnerships to expand its Cloud ecosystem and data center footprint, further solidifying India’s position as a key global hub with a strategic edge in the next wave of technology growth and expansion across emerging markets.
RCom is India’s foremost and truly integrated telecommunications service provider.
