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Jun 13, 2010

Reliance Communications Ltd - 532712



Name of Company
Reliance Communications Ltd
BSE Code
532712
NSE Code

ICICI Code
Established
My Take
So-So
Headquarters
Mumbai
Promoters
Anil Ambani
Story
The second largest telecom service provider in India. 35 thousand crore market capital at current prices.
Sector
Telecom
Sub-sector
Telecom Service provider
Website
Positives
Regularly paying dividend since 2007. 67% promoter holding.
Negatives
Margins in telecom can come down as a horde of new players have come in.  FY10 profit was only 480 Cr (compared to 4800 Cr in FY09). Wavery profits. Flat topline.
Peers
Airtel, Idea, Tata Tele, MTNL
News
Price @ blogged
173 (Jun-11-2010)

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