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Reliance Communications Ltd Slides 4.55%, S&P BSE Telecom index Drops 1.04%

Capital Market 

Reliance Communications Ltd has lost 18.18% over last one month compared to 2.6% fall in S&P BSE Telecom index and 6.28% rise in the SENSEX

Reliance Communications Ltd lost 4.55% today to trade at Rs 0.63. The S&P BSE Telecom index is down 1.04% to quote at 921.52. The index is down 2.6 % over last one month. Among the other constituents of the index, GTL Infrastructure Ltd decreased 2.38% and Bharti Infratel Ltd lost 1.74% on the day. The S&P BSE Telecom index went down 8.83 % over last one year compared to the 15.15% surge in benchmark SENSEX.

Reliance Communications Ltd has lost 18.18% over last one month compared to 2.6% fall in S&P BSE Telecom index and 6.28% rise in the SENSEX. On the BSE, 50.58 lakh shares were traded in the counter so far compared with average daily volumes of 49.3 lakh shares in the past one month. The stock hit a record high of Rs 18.6 on 04 Dec 2018. The stock hit a 52-week low of Rs 0.63 on 01 Nov 2019.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 08 2019. 09:45 IST
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