Showing posts with label RELIANCE COMMUNICATIONS LTD.. Show all posts
Showing posts with label RELIANCE COMMUNICATIONS LTD.. Show all posts

Thursday, May 19, 2011

RELIANCE COMMUNICATIONS LTD.

Reliance Communications Ltd. has a market cap of around Rs.17k Crores and is available at a P/BV of less than 0.5! It had investments of around Rs.31k Crores as of March 2010 and has earned Rs.5 per share in the last 9 months. It is weak technically. Can reach Rs.100 in a years time. What do you think?