RELIANCE COMMUNICATIONS Surges by 10%; BSE 500 Index Up 0.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

RELIANCE COMMUNICATIONS Surges by 10%; BSE 500 Index Up 0.3%
Tue, 19 Mar 09:20 AM

RELIANCE COMMUNICATIONS share price has zoomed 10% and is presently trading at Rs 4.

Meanwhile, the BSE 500 Index is at 15,115 (up 0.3%).

Among the top Gainers in the BSE 500 Index today is RELIANCE COMMUNICATIONS (up 10.0%).

RAYMOND and SOBHA LIMITED are among the top losers today.

Over the last one year, RELIANCE COMMUNICATIONS has moved down from Rs 23 to Rs 4, registering a loss of Rs 19 (down 80.9%).

On the other hand, the BSE 500 has moved up from 14,101 to 15,115, registering a gain of 1,014 points (up 7.2%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORGANICS (up 102.7%), BATA INDIA (up 100.7%) and ADANI POWER (up 91.6%).

FREE WebSummit: Is Gold Set to Hit Rs 75,000?

What About the Benchmark Indices?

The BSE Sensex is at 38,219 (up 0.3%).

The top gainers among the BSE Sensex stocks today are ONGC (up 1.4%), RELIANCE IND. (up 0.8%) and ITC (up 0.8%). Other gainers include BHARTI AIRTEL (up 0.7%) and M&M (up 0.6%). The most traded stocks in the BSE Sensex are SUN PHARMA and RELIANCE IND..

In the meantime, NSE Nifty is at 11,500 (up 0.3%). IOC (up 2.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,923 to 38,219, registering a gain of 5,296 points (up 16.1%).


RELIANCE COMMUNICATIONS net profit down at Rs 1 billion for the quarter ended December 2018, compared to a loss of Rs 270 million a year ago. Net Sales declined 6.5% to Rs 10.7 billion during the period as against Rs 11.4 billion in October-December 2017.

For the year ended March 2018, RELIANCE COMMUNICATIONS reported 109.9% decrease in net profit to Rs 240.0 million compared to net profit of Rs 2.4 billion during FY17.

Revenue of the company grew 29.9% to Rs 46 billion during FY18.

The current Price to earnings ratio of RELIANCE COMMUNICATIONS, based on rolling 12 month earnings, stands at 1.2x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "RELIANCE COMMUNICATIONS Surges by 10%; BSE 500 Index Up 0.3%". Click here!


Stock Market Updates

BHARAT ELECTRONICS Surges by 5%; BSE CAPITAL GOODS Index Up 3.8% (Today's Market)

May 28, 2020 12:51 PM

BHARAT ELECTRONICS share price has surged by 5% and its current market price is Rs 70. The BSE CAPITAL GOODS is up by 3.8%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 5.2%) and HINDUSTAN AERONAUTICS (up 6.3%). The top losers are LAKSHMI MACHINE (down 0.5%) and AIA ENGINEERING (down 1.2%).

Sensex Up Over 500 Points; IndusInd Bank, HDFC Bank & Hero MotoCorp Surge 5% (Today's Market)

May 28, 2020 12:30 pm

Share markets in India are presently trading on a strong note, in line with global peers that rallied as optimism over the reopening of economies buoyed investor sentiment.

NESCO Surges by 6%; BSE CAPITAL GOODS Index Up 3.7% (Today's Market)

May 28, 2020 12:13 PM

NESCO share price has surged by 6% and its current market price is Rs 421. The BSE CAPITAL GOODS is up by 3.7%. The top gainers in the BSE CAPITAL GOODS Index are NESCO (up 5.8%) and HINDUSTAN AERONAUTICS (up 6.6%). The top losers are SKF INDIA (down 0.3%) and LAKSHMI MACHINE (down 0.5%).

HDFC BANK Surges by 5%; BSE BANKEX Index Up 3.5% (Today's Market)

May 28, 2020 11:49 AM

HDFC BANK share price has surged by 5% and its current market price is Rs 950. The BSE BANKEX is up by 3.5%. The top gainers in the BSE BANKEX Index are HDFC BANK (up 5.0%) and INDUSIND BANK (up 6.9%).

Indian Indices Extend Gains; Sensex Surges Over 550 Points (Today's Market)

May 28, 2020 11:30 am

The BSE Sensex is trading up by 558 points, while the NSE Nifty is trading up by 164 points.

HERO MOTOCORP Surges by 5%; BSE AUTO Index Up 2.3% (Today's Market)

May 28, 2020 11:41 AM

HERO MOTOCORP share price has surged by 5% and its current market price is Rs 2,288. The BSE AUTO is up by 2.3%. The top gainers in the BSE AUTO Index are HERO MOTOCORP (up 5.2%) and EICHER MOTOR (up 5.6%). The top losers is M&M (down 0.3%).

View More Indian Share Market News

Most Popular

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

How Commodity Prices Tell You When Stocks Will Go Up(Fast Profits Daily)

May 20, 2020

Commodity prices often provide clues to big moves in stock markets. In today's video, I'll explain this link.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...


Get Rich as the
Market Rebounds from Covid-19

Coronavirus Rebound
Get this special guide, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms


May 28, 2020 01:11 PM