Reliance Communications galloped 14.43% to 222 after consolidated net profit rose 17.33% to Rs 1530.78 crore in Q2 September 2008 over Q2 September 2007.
The company announced the Q2 results during market hours today, 31 October 2008.
Meanwhile, the BSE Sensex was up 743.55 points, or 8.22%, to 9,788.06
On BSE, 64.10 lakh shares were traded in the counter. The stock had an average daily volume of 25.45 lakh shares in the past one quarter.
The stock hit a high and low of Rs 234.50 and Rs 195.90 during the day. The stock hit a 52-week high of Rs 844 on 10 January 2008 and a 52-week low of Rs 148.60 on 27 October 2008.
The stock suffered a pre-result setback, plunging 24.86% in six trading sessions to Rs 194 on 29 October 2008 from Rs 258.20 on 21 October 2008.
The large-cap stock underperformed the market over the past one month till 29 October 2008, declining 40.55% as compared to the Sensex's decline of 28.19%. It had also underperformed the market in the past one quarter, sliding 60.44% as compared to the Sensex's decline of 34.42%.
The company's current equity is Rs 1032.01 crore. Face value per share is Rs 5.
The current price of Rs 222 discounts Q1 June 2008 annualized EPS of Rs 6.73, a PE multiple of 32.98.
Reliance Communications' (RCom) consolidated total income increased 23.29% to Rs 5645 crore in Q2 September 2008 over Q2 September 2007. The company added 5.25 million customers in Q2 September 2008.
Brokerages were estimating RCom to report a muted Q2 September 2008 report card due to higher interest rate and depreciation.
RCom provides telecommunication services. The company provides wireless, wire line, voice, data and Internet communication services.
The company announced the Q2 results during market hours today, 31 October 2008.
Meanwhile, the BSE Sensex was up 743.55 points, or 8.22%, to 9,788.06
On BSE, 64.10 lakh shares were traded in the counter. The stock had an average daily volume of 25.45 lakh shares in the past one quarter.
The stock hit a high and low of Rs 234.50 and Rs 195.90 during the day. The stock hit a 52-week high of Rs 844 on 10 January 2008 and a 52-week low of Rs 148.60 on 27 October 2008.
The stock suffered a pre-result setback, plunging 24.86% in six trading sessions to Rs 194 on 29 October 2008 from Rs 258.20 on 21 October 2008.
The large-cap stock underperformed the market over the past one month till 29 October 2008, declining 40.55% as compared to the Sensex's decline of 28.19%. It had also underperformed the market in the past one quarter, sliding 60.44% as compared to the Sensex's decline of 34.42%.
The company's current equity is Rs 1032.01 crore. Face value per share is Rs 5.
The current price of Rs 222 discounts Q1 June 2008 annualized EPS of Rs 6.73, a PE multiple of 32.98.
Reliance Communications' (RCom) consolidated total income increased 23.29% to Rs 5645 crore in Q2 September 2008 over Q2 September 2007. The company added 5.25 million customers in Q2 September 2008.
Brokerages were estimating RCom to report a muted Q2 September 2008 report card due to higher interest rate and depreciation.
RCom provides telecommunication services. The company provides wireless, wire line, voice, data and Internet communication services.
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