SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RCOM soars on concluding full payment of two syndicated ECB loan facilities

01 Jul 2013 Evaluate

Reliance Communications (RCOM) is currently trading at Rs. 124.30, up by 6.20 points or 5.25% from its previous closing of Rs. 118.10 on the BSE.

The scrip opened at Rs. 119.25 and has touched a high and low of Rs. 124.50 and Rs. 118.20 respectively. So far 2055109 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 130.10 on 19-Jun-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. 120.90 and Rs. 110.65 respectively. The current market cap of the company is Rs. 25593.93 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 has completed full repayment of two syndicated ECB loan facilities of $500 million each, aggregating $1 billion, during the quarter ended 30th June 2013. These loans were availed in the year 2007 from a group of international banks.

The company additionally has made scheduled repayments of another $207 million amounting Rs 1,200 crore in respect of other foreign currency loans, on the respective due dates during the quarter ended June 30, 2013. The repayments have been from RCOM’s rupee resources.

RCOM’s foreign currency debt is steadily declining every year, and the interest outgo on such debt is fully covered by dollar denominated earnings from the Reliance Globalcom business.

Reliance Comm Share Price

1.05 0.01 (0.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1846.55
Vodafone Idea 9.62
Indus Towers 412.35
Tata Communications 1521.05
Bharti Hexacom Ltd. 1538.30
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:

×