Reliance Communications gains in spite of reporting consolidated internet loss of 238 crore in Q3

Reliance Communications gains in spite of reporting consolidated internet loss of 238 crore in Q3

by admin- Thursday, January 24th, 2019 04:12:57 PM

Reliance Communications is presently trading at Rs. 13.07, up by 0.13 factors or 1.00% from its preceding remaining of Rs. 12.94 at the BSE.

The scrip opened at Rs. 12.75 and has touched a excessive and coffee of Rs. 13.17 and Rs. 12.68 respectively. So far 1958967 stocks were traded on the counter.

The BSE group ‘A’ inventory of face value Rs. Five has touched a 52 week high of Rs. 32.Forty on 30-Jan-2018 and a 52 week low of Rs. Nine.Fifty five on 29-Oct-2018.

Last one week high and low of the scrip stood at Rs. 13.Eighty and Rs. 12.Sixty eight respectively. The contemporary marketplace cap of the enterprise is Rs. 3622.85 crore.

The promoters protecting inside the corporation stood at fifty three.08%, even as Institutions and Non-Institutions held 15.60% and 31.32% respectively.

Reliance Communications has mentioned net lack of Rs 78.00 crore for the area ended December 31, 2018 against internet profit of Rs 48.00 crore for the identical area in the previous year. Total income of the enterprise decreased by using 31.39% at Rs 341.00 crore for Q3FY19 as compared Rs 497.00 crore for the corresponding area preceding 12 months.

On the consolidated basis, the employer has mentioned internet loss of Rs 238.00 crore for the region ended December 31, 2018 in opposition to net lack of Rs one hundred thirty.00 crore for the same zone within the previous yr. Total income of the employer decreased by using 7.Ninety one% at Rs 1,083.00 crore for Q3FY19 compared Rs 1,176.00 crore for the corresponding region preceding yr.

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