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1 Comment
Reliance Communications Limited is currently in a long term uptrend where the price is trading 49.8% above its 200 day moving average.
From a valuation standpoint, the stock is 95.9% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 0.6.
Reliance Communications Limited's total revenue sank by 33.3% to $2B since the same quarter in the previous year.
Its net income has increased by 86.3% to $-14B since the same quarter in the previous year.
Finally, its free cash flow grew by 217.1% to $2B since the same quarter in the previous year.
Based on the above factors, Reliance Communications Limited gets an overall score of 4/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
ISIN | INE330H01018 |
Sector | Communication Services |
Industry | Telecom Services |
Beta | 2.31 |
---|---|
Market Cap | 5B |
PE Ratio | None |
Target Price | 17 |
Dividend Yield | None |
Reliance Communications Limited provides wireline and wireless telecom services to the business and government segments. The company offers business internet, network connectivity, cloud networking, enterprise voice, cloud telephony, access number services; and collaboration services, which include audio and web conferencing, as well as voice and various value-added wholesaling services. It also provides data center services, including colocation, IT infrastructure, and managed services. The company was formerly known as Reliance Communication Ventures Limited and changed its name to Reliance Communications Limited in June 2006. Reliance Communications Limited was incorporated in 2004 and is based in Navi Mumbai, India. Reliance Communications Limited is in corporate insolvency resolution process under the provisions of the Insolvency and Bankruptcy Code, 2016.
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