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Rcom is the newsmaker!

about 9 years ago

Rcom is the top gainer on the BSE since the opening bell today morning’ Soaring up almost 25% to Rs.26.66, the stock is firmly in the green. Some 2.5 crore shares have already changed hands.

Rcom ringing the tune of 'asset sale' again!

about 10 years ago

In an otherwise lackluster market, Reliance Communication or Rcom is doing pretty well for itself. The stock price is up around 3% at Rs.36 levels and figures out amongst the top gainers on the BSE. The price is closer to its 52-week low of Rs.34.35 than the high of Rs.91.80. The stock is up ...

RCOM – TIGER ABHI ZINDA HAI, PART-2!!!

about 9 years ago

Anil Ambani held a Press Conference yesterday and his announcement created a surprise. Three months ago, there was an announcement of handing over control to the lenders as it is becoming a part of the Strategic Debt Restructuring (SDR) plan. And now the news is that Rcom is exiting the earlier proposed SDR plan.

Rcom hits the UC

about 8 years ago

The moment Rcom opened today for trading, it hit the UC at Rs.2.25 and is currently the top gainer on the BSE.

Rcom really 'Jio'ing!

about 8 years ago

Right from morning, RCom has been the top gainer on the BSE, going up 18% to Rs.16.80.

Rcom rings a plesant tune

about 8 years ago

Rcom went up over 6% to Rs.12.54, registering volumes of around 35 lakh shares. It is among the top five gainers on the BSE currently.

Rcom jumps up, says, "Jio!"

about 8 years ago

Rcom is the second top gainer on the BSE currently, going up 15% to Rs.17.06, with volumes more than doubling up.

Rcom slips and falls

about 9 years ago

Rcom has now displaced PNB as the top loser; the battle of the two big losers on the BSE shows how dire the situation is for some of the biggest companies of India.

Rcom rings a good tune

about 9 years ago

Rcom is the top gainer on the BSE. The stock price, on opening bell jumped up 4.5% to Rs.29. Its 52-week high is at Rs.41.77.

Rcom spurts as lenders take control

about 9 years ago

Rcom is the top gainer today on the BSE since the opening bell. It breached the upper circuit at Rs.17.25 and went on to scale 16% higher at Rs.18.20.

RCom hits new low

about 9 years ago

RCom is strongly perched as the top loser on the BSE since morning. It hit a new 52-week low today at Rs.17.45.

Rcom ringing a good tune

about 11 years ago

Rcom is doing well, post the AGM which was held yesterday. Anil Ambani announced during the AGM that his company was in advanced with his elder brother, Mukesh Ambani’s Reliance Jio Infocomm for sharing and trading spectrum in the 800-850 MHz band. Ambani said that this arrangement will giv ...

Rcom hits a new 52-week high

about 11 years ago

Reliance Communication (RCom) hit a new 52-week high today also at Rs.87.70. Yesterday’s new high was on account of the news that the company had begun monetization of surplus real estate. It said that it had completed sale of nearly 150 residential flats situated at Sea Woods complex in Na ...

Rcom hits a new 52-week low

about 11 years ago

Reliance Communication (Rcom) hit a new 52-week low at Rs.48.75 and it remains in the red. The stock hit this low after international rating agency Moody’s cut the rating of the company from ‘stable’ to ‘negative’. It has cited persistent delays in the company&r ...

DEFAULT OF RCOM – COULD THIS BRING THE BROTHERS BACK TOGETHER?

about 10 years ago

Anil Ambani would most certainly be having some sleepless nights. Or even if he manages to sleep well, the 17 banks who have lent him money would be tossing, turning and groaning. That Anil Ambani is entrapped under a mound of debt is not new news; we all have been mute witnesses to the way he let his ambitions rise unbridled and went on taking money from the banks;

Rcom jumps on property sale news

about 9 years ago

Reliance Communication (Rcom) is buzzing loud and clear today. The stock price rose almost 6% to Rs.20.90. Any news from the company which talks about initiation of steps to reduce debt by selling assets is greeted with a lot of cheer.

Rcom up 'sun'ny and bright!

about 14 years ago

Reliance Communication is doing well today morning, up over 2.5% at Rs.108.40, its current intra day high point. The stock had hit a new 52-week high on 7th June at Rs.119.90. The stock is on the buzz today on unconfirmed news reports the company is in the final stages of negotiations to sell ...

Rcom rings a plesant tune

about 8 years ago

Reliance Communications (RCom) rose almost 5.5% today morning to Rs.21.65, with some 79,000 shares changing hands. Its 52-week high is at Rs.41.77.

Rcom at 5% UC

about 7 years ago

Reliance Communication had hit the 5% LC yesterday at 81 paise but today, the moment it opened for trade, it hit the 5% UC at 85 paise.

Rcom hits a new high

about 13 years ago

Rcom hit a new 52-week high today at Rs.134.25 and it remains around the same levels, trading in the green. Less than a year ago, on 30th Aug’12, it is hard to believe looking at today’s price that it had hit a new low at Rs.46.60. The stock is after the company announced yesterd ...

Rcom hits a new high, again

about 13 years ago

Reliance Communication which has been having a good run on the otherwise pessimistic markets is the top gainer on the BSE today morning. The stock is up almost 6% at Rs.143.25 and it has already hit another new 52-week high today at Rs.148. The stock is up in the green after it announced tod ...

LIFE AFTER RCOM – OF COURSE IT EXISTS!

about 9 years ago

If you can ignore the drama in Karnataka, the obvious BIG story today is Anil Ambani’s Reliance Communication (RCom). The top loser on the bourses since morning, the fear seems to be shaping into a reality – it might go bankrupt very soon. Now that would be the biggest bankruptcy of India.

Rcom rings loud as TRAI dials

about 14 years ago

The entire telecom pack is in the green but the best performing in the sector currently in Reliance Communication, which is up over 3.5% at Rs.128, a tad lower now than its 52-week high of Rs.128.95, which it hit today. The stock had hit a high yesterday also at Rs.124.95. The stock has been ...

Rcom continues to stay in green

about 13 years ago

Rcom which had hit a new 52-week high yesterday at Rs.134.25. It is up today too, currently at Rs.132.65, with an intra day high at Rs.133.40. Yesterday, the news was about the debt repayment and today, news is that its subsidiary, Reliance Digital is close to striking a deal with Sun TV to ...

Rcom rings in its Q3 numbers

about 13 years ago

Reliance Communication (Rcom) was a much anticipated Q3 performance and it grossly disappointed the marketmen. The stock which had closed on Friday at Rs.125.30, reacted to the numbers today, hitting an intra day low at Rs.121.05 and though recovered from this, it remains in the red, down over 2% ...

Rcom in the red

about 12 years ago

Reliance Communication is down in the red, hitting an intra day low at Rs.146.40 and it continues to remain in the red, down over 2.5%. The stock is down because the market is not too happy with its QIP price, which was priced at a discount to the market price. The company announced yesterda ...

Rcom rings in a bond issue

about 12 years ago

Reliance Communication (RCom) is seeing some quiet action today, the stock at one time during the day, rose almost 3% at Rs.72 levels and is now some 1% up at Rs.71 levels. Volumes are muted. This stock is up even in this low market on account of a small but of good news. It is reported that ...

THE QUIXOTIC MARKET - FOLLOW IT AT YOUR OWN PERIL

about 13 years ago

So what is the market exactly looking at in Rcom? Maybe the fact that the brothers have patched up and there could be more business coming its way? Or maybe Rcom will work hard in bringing its debt down, which it has been trying to do unsuccessfully for over past few years? Or as some

GMR Infra jumps as debt falls

about 10 years ago

On one hand, we have debt threatening to take down Rcom and on the other, good news came from another high debt company – GMR Infra. This company too which has been grappling with very high debt finally announced yesterday a turnaround in its performance thanks to debt reduction.

Telecom stocks tumble down

about 13 years ago

Telecom stocks have literally fallen off the cliff today. Idea Cellular is the top loser in the pack, down 5.2% at Rs.159.50, Bharti Airtel is down 4.5% at Rs.316.75 and Rcom is also in the down, at Rs.123.15, down 3%. These stocks have tumbled down sharply after Mukesh Ambani owned Reliance ...

Nippon Life AMC

about 9 years ago

Verdict :A DAring Gamble?
Subscription Start Date :25 Oct 2017 End Date :27 Oct 2017
Issue Size : 1,542 crore, Issue Type : Fresh cum OFS
Price Band : Rs.247 to Rs. 252
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Overall Subscription : 81.54x
QIB : 118.4x,HNI :209.44x,Retail :5.65x,
Listing Date : 06 Nov 2017, , Listing Price : 294

Q3FY12 - WHAT TO EXPECT OR BEST, EXPECT NOTHING!

about 15 years ago

Last fiscal Q3FY11 held more promise and more than sustainability, it was about good growth. But this fiscal, Q3, especially after a not-so-good Q2 and interest regime and falling rupee, does not paint an overall good picture. A trim to the topline growth and surely a hair cut for the bottomline growth seems inevitable...

FOLLOW WHOM - FIIs OR DIIs?

about 10 years ago

This is how it always works - Foreign Institutional Investors (FIIs) are buyers while Domestic Institutional Investors (DIIs) are sellers and we the people, are mostly mute spectators! Many are perplexed, trying to figure out this contrarian behavior

Shyam Telecom in the limelight

about 12 years ago

Shyam Telecom is in the limelight today and the reason not the company itself directly but its associate company, Sistema Shyam in which the Shyam group has a 24% stake. The news, unconfirmed, is that Anil Ambani owned Reliance Communication (RCom) is looking at the option of taking ov ...

VERITAS - LET THE TRUTH PREVAIL

about 14 years ago

The story of Veritas shows how, if true number crunching is done and there are guts to spill the truth, equity analysts alone, like the rating agencies can make India Inc toe the line when it comes to corporate governance. But sadly, most equity agencies have their own fish to fry

ADAG stocks sink to new lows

about 8 years ago

Anil Ambani group of companies are all down in the red today morning, led by Rcom, went down 48% to Rs.6, a new 52-week low. Reliance Power is the second top loser

ADAG stocks happy with family ties!

about 8 years ago

Not surprising at all; today morning almost all ADAG stocks are up among the gainers on the BSE. The pack is led by Rcom, which hit the 10% UC at Rs.44.40

RULE 46A - PRESENTING A PICTURE OF WHAT IS NOT

about 15 years ago

Earlier, till Q2, companies had to necessarily mark-to-mark the loss incurred on the various forex transactions, be it loans or hedging or complex derivative instruments. But in Q3, just before the quarter was coming to an end, a new rule was passed, Rule 46A in AS-11, wherein a company

HIGH DEBT COMPANIES - RBI RATE CUT WILL SURELY HELP!

about 14 years ago

The much anticipated RBI policy is scheduled for tomorrow and as usual, expectations are high that the Governor will reduce interest rates. If he does do that, well, there might be no stopping the markets and if he does not, well, again no stopping the market, from falling! Suppose RBI does reduce rates? Is it then time to relook at companies which are sitting on high debt? These companies are sure to show some saving in the interest outgo

HELLO! MUKESH AMBANI PLAYS A NEW CALLER TUNE

about 14 years ago

In June 2010, a month after the Ambani brothers terminated a non-compete agreement, Mukesh Ambani sounded the war bugle when he bought over a 95% stake Infotel Broadband. This was a company owned by Anant Nahatta, son of HFCL owner Mahendra Nahatta and Mukesh Ambani bought it for Rs. 4,800 crore, and is today a subsidiary of Reliance Industries.

LIC - BETTER THAN ALL FIIs

about 14 years ago

LIC today manages equity which is more than the sums managed by the entire mutual fund industry in India. So do we really have to worry much when FIIs sell or rather, why we do not give much credence to LIC buying

THE AMBANI TELECOM DEAL - "WE ARE FAMILY!"

about 14 years ago

Indians are sticklers for happy endings and when it happens in real life, that too in one of the richest and most motivating family, the Ambani's, surely there was reason to rejoice.

HIGH DEBT COMPANIES -NEED TO HAVE A RELOOK?

about 12 years ago

The RBI reduced rates and there is hope that it has finally begun the downward rate cycle. So when the rates were up, we shunned high debt companies and now if rates are coming down, do we need to relook at some of these high debt companies? These companies are sure to show

HOW IS RAJAN RESPONSIBLE FOR JAYPEE'S RS.65,000 CRORE DEBT?

about 12 years ago

The market is extremely weak today with no immediate positive trigger on the horizon. With mixed predictions coming in for monsoon - IMD says rainfall will be at 88% and Skymet says it would be 102%. So uncertainty has only grown deeper. And in the midst of all this, we have highly leveraged companies, most infra and capital goods companies and even realty companies sitting tightly in deep red on the bourses. The market is disappointed with the hawkish stance of the RBI Governor and these stocks

NOT A GOOD TIME TO BET ON HIGH DEBT COMPANIES

about 11 years ago

The RBI reduced rates and there is hope that it has finally begun the downward rate cycle. So when the rates were up, we shunned high debt companies and now if rates are coming down, do we need to relook at some of these high debt companies? These companies are sure to show some

JIO COMES AND SHAKES UP THE SECTOR!

about 10 years ago

his is what the entry of Jio has done to the Indian telecom sector – consolidate to remain alive! First, it was Bharti Airtel’s acquisition of Telenor and today, the BIG news is obviously Vodafone taking over Idea. Clearly, there is a big bout of consolidation happening; this had to happen the moment Jio started operations and then the back breaking price-war Ambani unleashed.

DAYS OF DEFAULT ON THE HORIZON?

about 10 years ago

These two are not the only ones with such huge debts. Probably, the biggest one of them all is Jaiprakash Associates, with Rs.68,000 crore of debt. And then there are the usual suspects – Lanco Infra with almost Rs.45,000 crore, GVK Power with some Rs.27,000 crore, Bhushan Steel at over Rs.43,000 crore, IL&FS Engineering at around Rs.27,000 crore, MTNL has debt of almost Rs.20,000 crore

GOING GLOBAL IS NOT LIKE SELLING LEMONADES!

about 9 years ago

Two events have happened today which make us wonder at the perils of doing business abroad. First, the Adani group must be having some sleepless nights, right since the time that it signed up for the coal mining project in Australia. This project has been mired in controversy ever since the time it was put on paper, mainly its threat to the environment. It has been in the making since 2010 and the cost is pegged at $4 billion.

ADAG - THE DAAG OF DEBT CONTINUES

about 7 years ago

Year-after-year, Ambani has the same narrative for his shareholders at the AGM – selling assets to bring down debt. He has assured that he will bring down the group debt down by another Rs.15,000 crore by March 2020. Till 30th June 2019, ADAG group has repaid debt to the tune of Rs.35,000 crore.

RIL,Bharti Infratel

about 19 years ago

Price Band : Rs. - to Rs. -
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Vodafone Idea lines jammed

about 7 years ago

The saga of Vodafone Idea only continues to get worse. After a losing streak yesterday, today within moments of opening, it slipped to a 52-week low at Rs.2.90. It has a 25% LC and it stands today at Rs.2.78.