Is it good time to buy RCom shares?

Is there any hope for Reliance Communications?

The company is deep in debt and any hopes of recovery are unlikely. The company has also shut most of its operations and the promoters are trying to sell the assets. It is being referred to the NCLT, so Rs.

Is it good to invest in Reliance Communication?

Demerger of Reliance Property may not be a good idea

Reliance Communication is shedding weight, resulting in the stock price moving higher. The stock has delivered one of the biggest returns in recent times. The stock has gained almost 200%, in a matter of only one quarter.

Why is Reliance Communication closing?

RCom Shut Down Its Business

Notably, Reliance Communication was forced to shut down its wireless business in 2017 due to its decreasing revenue and debt. For the unaware, Anil Ambani’s net worth was $45 billion in 2007 and he used to have a 66 percent share in Reliance Telecommunications.

Which share buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP Chg.(%)
Axis Bank 717.25 -0.55
B P C L 357.15 -0.87
Bajaj Auto 3,718.60 1.76
Bajaj Finance 6,880.00 -1.34

Can we buy Reliance Power share?

You can easily buy Reliance Power shares in Groww by creating a demat account and getting the KYC documents verified online.

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Who is the owner of Reliance Communication?

Jio shares spectrum with Reliance Communications. The sharing deal is for 800 MHz band across seven circles other than the 10 circles for which Jio already owns.

Who owns Jio?

In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹50,000 crore against assets worth ₹18,000 crore.

Is Anil Ambani rich?

Ambani, once the sixth richest person in the world, declared before a UK court in February 2020 that his net worth is zero and he is bankrupt, although the veracity of that claim is in question.

Anil Ambani
Occupation Businessman

Which stock will go up tomorrow?

stocks to buy tomorrow intraday NSE. Stocks going UP tomorrow

Company Today’s Movement Tomorrow’s Movement
Sansera Engineering SANSERA Experts View Bullish might go UP Tomorrow buy
Tcpl Packaging TCPLPACK Experts View Bullish might go UP Tomorrow buy
Times Guaranty TIMESGTY Experts View Bullish might go UP Tomorrow buy

Which share best for long term?

List of Best Blue Chip Stocks to Consider

Company Name Industry Share Price as of 2nd October (NSE)
TCS Information Technology Rs 3,436
HDFC BANK Banking Rs 1,511.70
Infosys Information Technology Rs 1,703.55
ITC FMCG Rs 225.75

Which share is lowest price?

low price shares

S.No. Name B.V. Rs.
1. Taparia Tools 776.20
2. B & A 359.45
3. Elnet Technolog 257.60
4. Steel City Sec. 56.68