Reliance Comm can test Rs 105-108: Bothra

Reliance Communications can test Rs 105-108, says Kunal Bothra, Sr Technical Analyst, LKP Share.

Bothra told CNBC-TV18, "I would look at Reliance Communications because it has formed a strong bottom formation patter, so if it takes support at around Rs 98-99 levels, as we are seeing today then we might see levels of close to Rs 105-108 on Reliance Communications."
Reliance Comm trailing 12-month (TTM) EPS was at Rs -5.17 per share. (Dec, 2010). The stock's price-to-earnings (P/E) ratio was -. The latest book value of the company is Rs 244.66 per share. At current value, the price-to-book value of the company was 0.42. The dividend yield of the company was 0.84%.