Reliance Communications Ltd
RCOM

36.55

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

36.55

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

36.90

Open ()
Open Interest
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VWAP ()
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Reco. Price
Rs 37.00

Last updated on 01-Dec-2016

We recommend reduce on the stock due to lack of revenue visibility. This is due to high competition in data business. Further, RCOM-Aircel deal and low revenue market share (RMS) are key concerns. The stock is trading at EV/EBITDA of 7x in FY17E. (Target Price- Rs.35)
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50 DMA (.)
42.94
100 DMA (.)
46.67
200 DMA (.)
49.08
Weekly Range (.)
35.20
37.10
Monthly Range (.)
34.30
44.25
52 Weeks Range (.)
34.30
91.75
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