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RCOM is currently trading at Rs. 64.35, up by 0.90 points or 1.42% from its previous closing of Rs. 63.45 on the BSE.
The scrip opened at Rs. 64.00 and has touched a high and low of Rs. 64.60 and Rs. 63.50 respectively. So far 6, 12,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 109.70 on 22-Feb-2012 and a 52 week low of Rs. 60.00 on 19-Jun-2012.
Last one week high and low of the scrip stood at Rs. 64.40 and Rs. 61.70 respectively. The current market cap of the company is Rs. 13,282 crore.
The promoters holding in the company stood at 67.86% while Institutions and Non-Institutions held 16.72% and 15.04% respectively.
Reliance Communications’ undersea cable unit Reliance Globalcom has launched a joint venture with Iraqi Telecommunications and Post Company (ITPC), which will increase country's broadband and telecommunications links to the outside world. This project will connect Iraq to countries in the Middle East, Asia, Europe and North America via activation of Al-Faw Cable Landing Station.
This new station with a design capacity of 680 Gbps with two diverse routes will initially use 50 Gbps on each route to cater to existing market demand. The two diverse routes were connected to the Falcon undersea fiber-optic cable network owned by Reliance Globalcom.
Reliance Globalcom owns the world's largest private undersea cable system spanning 65,000 kilometers. Reliance Communications, India's second-largest mobile firm by users, acquired the FLAG undersea cable network for $207 million in 2003, and the business is now part of its Reliance Globalcom unit. It sells capacity on the network to many of the world's major carriers.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1389.40 |
| Vodafone Idea | 15.11 |
| Indus Towers | 345.85 |
| Tata Communications | 1834.80 |
| Bharti Hexacom Ltd. | 1021.65 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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