- News
- Business News
- India Business News
- Reliance Communication slips 6%
Trending
This story is from June 13, 2006
Reliance Communication slips 6%
The Rel Comm stock ended its first day in the sensex deep in the red, at Rs 207, down 6.4% on the day.
Since listing just about three months ago at Rs 290 on the BSE, the stock is now down nearly 29%. Compared to the fall in the Rel Comm stock since listing, the sensex is now nearly 18% down.
Rel Comm was included in the 30-share BSE sensex from Monday replacing Tata Power.
It has been included in the sensex in just about three months after it was listed on the BSE.
This also makes it the stock to be included in this elite index in the shortest time post-listing.
With a market-cap of nearly Rs 25,300 crore and a free-float adjustment factor of 0.65, the stock has a weight of 2.8%.
The BSE index follows a free-float methodology that takes into account only market-cap of non-promoter portion of the total equity cap, rather than the whole market cap.
End of Article
FOLLOW US ON SOCIAL MEDIA
Photostories
Hot Picks
TOP TRENDING
Trending Stories
In Business
Entire Website
- Will banks open only for 5 days a week? Here’s what you should know about IBA’s proposal
- India set to be third largest economy, says S&P Global
- Dalal Street bull run continues! BSE Sensex crosses 69,000 for the first time; Nifty above 20,800
- Byju’s reduces notice period for employees as troubles mount
- Sensex surges over 900 points, Nifty above 20,550 as BJP state election wins bolster Modi's Lok Sabha 2024 prospects
- UltraTech to buy building materials business of Kesoram in 7,600 crore deal
- Tata Technologies stock debuts at a bumper 140% premium; share price at Rs 1200 on BSE
- Tata Technologies share allotment: How to check IPO allotment status, listing date, GMP
- BSE m-cap rides rally in Adani stocks, tops $4 trillion
- Charlie Munger, who helped Warren Buffett build Berkshire, dies at 99
- India should get permanent UNSC seat, says France's Macron
- Bilkis Bano convicts' case: SC rejects Gujarat govt's review plea
- Why young people need to worry about that sneaky cholesterol
- Israel's military says it carried out a precise strike in Beirut
- 'CBI is biased': K'taka govt withdraws 'open consent' to probe agency
- PM Modi launches 3 PARAM Rudra supercomputers
- How love for India is bringing NRIs back to real estate market
- Ranveer Allahbadia 'celebrates death of BeerBiceps with death of diet'
- 'Modi is powerful, but not God': Kejriwal's fiery attack post-resignation as CM
- Proactive heart care: How can knowledge and tools empower us?
Popular Categories
Hot on the Web
Top Trends
Trending Topics
Living and entertainment
Latest News
First person died in UK from ‘liquid’ Brazilian butt lift: All you need to know about liquid BBL and risks it posesWhy do kangaroos box and drown predators?8 Spices that can help reduce high blood sugarDiddy's Lawyer defends buying 1000 Bottles of baby oil to pass Homeland security raidsShankar to bring Chiyaan Vikram and Suriya together for a film on the Velpari novelThere’s plastic in your chai-samosa, and India is No. 1 culpritKerala lottery results: Karunya Plus KN-540 winners for 26 September 2024; first prize Rs. 80 lakhs, second prize Rs 10 lakh and third prize Rs. 1 lakhLeo, Daily Horoscope Today, September 26, 2024: Positive developments are expected in love lifeDelhi high court extends interim arrest protection for former IAS officer Puja Khedkar'I'm not upset with Kangana but ... ': Chirag Paswan as Mandi MP apologises for farm law remarkThe most important lesson investors can learn from trekkersChennaiyin FC eye second win on the trot in Indian Super LeagueTaliban could face Hague tribunal for their treatment of women and girlsCandidates Protest Outside JSSC Office, Accuse Malpractice in Recruitment Exam“The Chiefs get way more calls”: Rob Gronkowski says that the Chiefs gets more favorable calls than the PatriotsMaharashtra polls: Mumbai's Byculla & Versova seats are sticking points in MVA talksGmail app on Android and iOS is getting Google’s blue verification checkmarks: Here's how it'll affect usersTop 5 WWE’s tallest wrestlers from Giant Gonzalez to The Great Khali
Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service