Reliance Communications is currently trading at Rs 141.80, up by 0.55 points or 0.39% from its previous closing of Rs. 141.25 on the BSE.
The scrip opened at Rs 142.55 and has touched a high and low of Rs 143.25 and Rs 140.65 respectively. So far 616064 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 151.25 on 17-Jul-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 151.25 and Rs 136.10 respectively. The current market cap of the company is Rs 29102.78 crore.
The promoters holding in the company stood at 67.86% while Institutions and Non-Institutions held 19.68% and 12.17% respectively.
Reliance Communications (RCOM) inked pact with Tata Teleservices (TTSL) under a 2G intra-circle roaming arrangement, with aims to cut costs and boost network coverage. As per the deal RCOM will utilize 5,000 towers of TTSL across 14 GSM circles while TTSL will gain access to an equal number of towers in RCOM's CDMA network to improve its reach.
With this initiative, RCOM will have access to networks of Aircel, Loop and TTSL across the country, increasing its network coverage by an additional 10,000 towers. Reliance Communications currently has over 45,000 towers of its own.
The scrip opened at Rs 142.55 and has touched a high and low of Rs 143.25 and Rs 140.65 respectively. So far 616064 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 151.25 on 17-Jul-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 151.25 and Rs 136.10 respectively. The current market cap of the company is Rs 29102.78 crore.
The promoters holding in the company stood at 67.86% while Institutions and Non-Institutions held 19.68% and 12.17% respectively.
Reliance Communications (RCOM) inked pact with Tata Teleservices (TTSL) under a 2G intra-circle roaming arrangement, with aims to cut costs and boost network coverage. As per the deal RCOM will utilize 5,000 towers of TTSL across 14 GSM circles while TTSL will gain access to an equal number of towers in RCOM's CDMA network to improve its reach.
With this initiative, RCOM will have access to networks of Aircel, Loop and TTSL across the country, increasing its network coverage by an additional 10,000 towers. Reliance Communications currently has over 45,000 towers of its own.
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