The top telecom firm has informed BSE that ICRA Limited has upgraded its outlook to stable from negative on the Long Term rating 'BBB+' of the company.
Reliance Communications gained 2.1% to Rs.48.7 on Thursday. The top telecom firm has informed BSE that ICRA Limited has upgraded its outlook to Stable from negative on the Long Term rating 'BBB+' of the company. It has also reaffirmed rating of A2+ for Short-Term Fund Based / Non Fund Based Limits and Commercial Papers of the company.
The scrip opened at Rs. 48.5 and has touched a high and low of Rs. 49.2 and Rs. 48.2 respectively. So far 15903245(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 11872.43 crore.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 91.8 on 01-Jan-2016 and a 52 week low of Rs. 45.6 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 49.8 and Rs. 46.5 respectively.
The promoters holding in the company stood at 58.8% while Institutions and Non-Institutions held 28.7% and 11% respectively.
The stock is currently trading below its 200 DMA.
The scrip opened at Rs. 48.5 and has touched a high and low of Rs. 49.2 and Rs. 48.2 respectively. So far 15903245(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 11872.43 crore.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 91.8 on 01-Jan-2016 and a 52 week low of Rs. 45.6 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 49.8 and Rs. 46.5 respectively.
The promoters holding in the company stood at 58.8% while Institutions and Non-Institutions held 28.7% and 11% respectively.
The stock is currently trading below its 200 DMA.
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