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.
Stocks to Buy Today: Best Shares to Buy in India
|B P C L||357.15||-0.87|
You can easily buy Reliance Power shares in Groww by creating a demat account and getting the KYC documents verified online.
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.
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|
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|
low price shares
|2.||B & A||359.45|
|4.||Steel City Sec.||56.68|