What are RCom shareholders?

Who is the owner of RCom?

Should I buy RCom shares?

As on 6th Oct 2021 RCOM Share Price closed @ 3.05 and we RECOMMEND Buy for LONG-TERM with Stoploss of 2.35 & Sell for SHORT-TERM with Stoploss of 3.06 we also expect STOCK to react on Following IMPORTANT LEVELS.

How many shares does RCom have?

Share Holding Pattern (% of Shares Held)

CATEGORY OF SHAREHOLDER Total Number of Shares Percentage ShareHolding (%)
Bodies Corporate 50,50,34,797 18.28
Individuals (upto Rs. 1 lakh) 70,53,42,907 25.53
Individuals (in excess of Rs. 1 lakh) 32,22,19,953 11.66
NRIs/OCBs 3,17,76,693 1.15

What does RCom do now?

RCOM conducts a substantial portion of its business through subsidiary companies, including, GCX, Globalcom IDC Limited and Reliance Infratel Limited (RITL). … The company is India’s first telecom service provider offering nationwide CDMA and GSM mobile services with digital voice clarity.

Will Jio takeover RCom?

On December 3, the National Company Law Tribunal’s (NCLT) Mumbai bench had cleared Jio’s resolution plan to pick up the tower and fibre assets of RCom – housed under Reliance Infratel – for under Rs4,000 crore which would have gone to the lenders.

IT IS INTERESTING:  Can Ford afford its dividend?

Is there any hope for RCOM?

The company is deep in debt and any hopes of recovery are unlikely. The company has also shut most of its operations and the promoters are trying to sell the assets. It is being referred to the NCLT, so Rs.

Which share is best to buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Britannia Inds. 3,883.30 3,929
UltraTech Cem. 7,335.75 7,405
Tata Consumer 818.75 829
HDFC Life Insur. 722.10 731

Which is the lowest price share?

low price shares

S.No. Name B.V. Rs.
1. LKP Finance 201.48
2. B N Rathi Sec. 49.27
3. Mysore Petro 247.98
4. Jullundur Motor 71.09

Can RCom recover?

While 38 lenders of RCom will recover about 70 per cent or ₹23,000 crore of their outstanding ₹33,000 crore of secured debt through the proposed insolvency process, the problem is that the company also owes around ₹25,194 crore to the Government in the form of AGR dues.

What is stop loss in share?

A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor’s loss on a security position. … If the stock falls below $18, your shares will then be sold at the prevailing market price.

Why are Reliance shares falling?

One reason why RIL shares weakened after the AGM was due to disappointment among shareholders regarding the $15 billion Saudi Aramco deal. While Mukesh Ambani said the deal will be closed this year, some shareholders are unhappy that the deal has not been sealed yet.

IT IS INTERESTING:  Can investment bankers become millionaires?

How can I get my old Reliance number back?

You need to send the text message ‘PORT’ followed by your 10-digit mobile number to TRAI’s central number for mobile number portability – 1900. You will then receive a Unique Porting Code on your phone. You can go to the nearest Reliance Mobile store, fill in the required documents along with your porting code.