The stock soared 56.87 per cent to end at Rs 16.55 on BSE. During the day, it jumped 69.66 per cent to Rs 17.90.
Led by the massive jump in the share price, the company's market valuation zoomed Rs 1,659.96 crore to Rs 4,576.96 crore.
Shares of RCom yesterday plunged nearly 16 per cent after NCLT admitted an insolvency petition filed by Ericsson against the company and two of its subsidiaries.
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