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Reliance Communications Ltd Slides 4.81%, S&P BSE Telecom index Shed 1.25%

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Reliance Communications Ltd fell 4.81% today to trade at Rs 1.78. The S&P BSE Telecom index is down 1.25% to quote at 1075.08. The index is down 13.94 % over last one month. Among the other constituents of the index, Vodafone Idea Ltd decreased 3.48% and Bharti Infratel Ltd lost 2.34% on the day. The S&P BSE Telecom index went up 11.02 % over last one year compared to the 1.54% fall in benchmark SENSEX.

Reliance Communications Ltd has lost 29.64% over last one month compared to 13.94% fall in S&P BSE Telecom index and 3.53% drop in the SENSEX. On the BSE, 10.02 lakh shares were traded in the counter so far compared with average daily volumes of 35.08 lakh shares in the past one month. The stock hit a record high of Rs 4.33 on 29 Jul 2020. The stock hit a 52-week low of Rs 0.55 on 19 Nov 2019.