SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SSTL trims stake in Reliance Communications to 4.43%

16 May 2018 Evaluate

Sistema Shyam Teleservices (SSTL) has sold over 1.5 crore shares of debt-ridden Reliance Communications (RCom), lowering its holding to 4.43%. SSTL sold a total of 1,54,13,395 shares, amounting to 0.55% stake, of the debt-ridden company. The shares were offloaded at Rs 12.63 apiece, valuing the transaction at Rs 19.46 crore.

This comes after the company last month sold 2.1% of its equity holding in the company thereby reducing its stake to 4.98%.

Reliance Communications is India’s foremost and truly integrated telecommunications service provider.


Reliance Communs. Share Price

0.84 0.00 (0.00%)
06-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1964.00
Vodafone Idea 12.64
Indus Towers 385.05
Tata Communications 1734.00
Bharti Hexacom 1513.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: