RCom gets result push, jumps 14 per cent

DALAL STREET SPIKES

Shares of telecommunication services provider Reliance Communications (RCom) rose by 13.76 per cent to close at Rs 220.70 after the company reported a 17.33 per cent rise in consolidated net profit to Rs 1530.78 crore in the second quarter of FY09 compared with the corresponding previous quarter.

A total of 64.38 lakh shares changed hands on the Bombay Stock Exchange on Friday. It touched a high of Rs 234.5 and a low of Rs 195.9 in intraday trading.