Reliance Comm receives RBI approval for FCCB refinancing

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Reliance Comm receives RBI approval for FCCB refinancing

Reliance Communications has received RBI approval for FCCB refinancing, reports CNBC-TV18.

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Reliance Communications has received RBI approval for FCCB refinancing, reports CNBC-TV18.

USD 1.2 billion FCCBs to be redeemed on March 1
 
It touched an intraday high of Rs 106.50 and an intraday low of Rs 101.15. At 15:22 hrs the share was quoting at Rs 102.75, down Rs 1.75, or 1.67%.
 
It was trading with volumes of 7,189,621 shares. In the previous trading session, the share closed up 5.40% or Rs 5.35 at Rs 104.50.

The company's trailing 12-month (TTM) EPS was at Rs -3.67 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was -. The latest book value of the company is Rs 233.26 per share. At current value, the price-to-book value of the company was 0.44. The dividend yield of the company was 0.49%.