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Reliance Communications Ltd Spikes 4.47%, S&P BSE Telecom index Rises 1.31%

Capital Market 

Reliance Communications Ltd has lost 47.91% over last one month compared to 2.91% fall in S&P BSE Telecom index and 0.48% rise in the SENSEX

Reliance Communications Ltd rose 4.47% today to trade at Rs 1.87. The S&P BSE Telecom index is up 1.31% to quote at 1008.72. The index is down 2.91 % over last one month. Among the other constituents of the index, Tata Teleservices (Maharashtra) Ltd increased 3.45% and Bharti Infratel Ltd added 2.01% on the day. The S&P BSE Telecom index went down 21.47 % over last one year compared to the 11.28% surge in benchmark SENSEX.

Reliance Communications Ltd has lost 47.91% over last one month compared to 2.91% fall in S&P BSE Telecom index and 0.48% rise in the SENSEX. On the BSE, 4893 shares were traded in the counter so far compared with average daily volumes of 287.01 lakh shares in the past one month. The stock hit a record high of Rs 21.65 on 14 Aug 2018. The stock hit a 52-week low of Rs 1.66 on 30 Apr 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, May 03 2019. 09:30 IST
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