RCOM.NS : Summary for RELIANCE COMM LTD INR5 - Yahoo Finance

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Reliance Communications Limited (RCOM.NS)

NSE - NSE Delayed Price. Currency in INR
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31.20-1.10 (-3.41%)
At close: 3:29PM IST
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Previous Close32.30
Bid0.00 x
Ask31.20 x
Day's Range30.85 - 32.45
52 Week Range30.85 - 67.45
Avg. Volume11,000,007
Market Cap77.66B
PE Ratio (TTM)11.39
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuterslast month

    India's Reliance Comm signs binding pact with Brookfield for $1.6 billion tower stake sale

    Indian telecommunications carrier Reliance Communications Ltd said on Wednesday it had signed a binding pact with Canada's Brookfield Infrastructure for selling a stake in its mobile phone tower business. The two sides had signed a non-binding pact in October. Under the terms of the deal, Reliance Communications is to receive an upfront payment of 110 billion rupees ($1.6 billion), which it has said will use to cut its debt load.

  • Bloomberg3 months ago

    Anil Ambani’s Unit to Get $1.65 Billion Selling Tower Assets

    Reliance Communications Ltd., Indian billionaire Anil Ambani’s telecommunications unit, said it agreed to sell its mobile-phone tower business to Brookfield Infrastructure Group for an upfront payment ...

  • Reuters3 months ago

    India to re-auction unsold airwaves when telcos' fortunes improve

    India said on Friday it will consider re-auctioning mobile phone spectrum that remained unsold in a sale this week when the financial situation of its telecoms companies improves. The government raised $9.9 billion from a spectrum auction that ended on Thursday, but there were no takers for the most-efficient yet priciest 700 megahertz band of airwaves and only 40 percent of the total on offer was sold. "If their financial situation is not good, and they can't buy it now, what is the guarantee that they will be able to if we do another auction immediately," Telecoms Minister Manoj Sinha told reporters, when asked about the unsold airwaves.