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Reliance Communications Ltd Drops 4.69%

Picture Source: Internet

Reliance Communications Ltd has lost 0.98% over December 2022 compared to a 5.59% fall in the S&P BSE Telecommunication index and a 3.62% drop in the Sensex.

Reliance Communications Ltd went down 4.69% on January 11, 2023, to trade at Rs 2.03. The S&P BSE Telecommunication index fell 1.15% to quote at 1690.23. The index is down 5.59% over the previous month. Bharti Airtel Ltd decreased by 3.94%, and other constituents of the index Vodafone Idea Ltd lost 0.97%. The S&P BSE Telecommunication index dropped  9.94% over 2022 compared to the 1.22% fall in benchmark Sensex.

Reliance Communications Ltd lost 0.98% over December 2022 compared to 5.59% in the S&P BSE Telecommunication index and a 3.62% drop in the Sensex. On the BSE, 3.64 lakh shares were traded compared to the average daily volumes of 37.59 lakh in the previous month. On January 11 2022, the stock hit a record high of Rs 4.08, while the stock hit a 52-week low of Rs 1.58 on October 21, 2022.

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