RCOM is currently trading at Rs. 111.90, up by 6.15 points or 5.82% from its previous closing of Rs. 105.75 on the BSE.
The scrip opened at Rs. 105.50 and has touched a high and low of Rs. 109.90 and Rs. 105.50 respectively. So far 4111181 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 113.90 on 07-May-2013 and a 52 week low of Rs. 46.60 on 30-Aug-2012.
Last one week high and low of the scrip stood at Rs. 113.90 and Rs. 105.35 respectively. The current market cap of the company is Rs. 22322.45 crore.
The promoters holding in the company stood at 67.86%, while Institutions and Non-Institutions held 17.31% and 14.54% respectively.
Reliance Communications (RCOM), the country’s no. 3 mobile phone carrier by customers is reportedly expecting capital expenditure of about Rs 1,500 crore ($274 million) for the year to March 2014. The company has recently made full payment of a loan amounting to over Rs 2,700 crore that was taken from a group of international banks.
On Standalone basis, the company has reported a fall of 5.84% in its net profit at Rs 757 crore in Q4FY13 as compared to net profit of Rs 804 crore in the same quarter previous year. However, total income of the company has increased by 8.88% to Rs 2880 crore as compared to Rs 2645 crore in corresponding quarter last year.
For the year ended March 31, 2013, the company has reported over 4 fold jump in its net profit at Rs 624 crore in FY13 as against Rs 156 crore in previous year. Total income of the company has increased to Rs 11,267 crore as compared to Rs 11,110 crore in FY12, up by 1.41%.
