Prefer Reliance Communications: Edelweiss

One can prefer Reliance Communications, says Vishal Kshatriya of Edelweiss.

Kshatriya told CNBC-TV18, "I am not tracking Reliance Power as per se but the stock among the ADAG pack what directives data is suggesting to me is best to have a trade in Reliance Communications because the stock has been very resilient, the stock has never preached it's support of Rs 92-90 levels in 1-2 months time and always seen buying at support levels. So rather than playing in RPower I am very comfortable playing in RComm and Reliance Capital per se."
Reliance Comm trailing 12-month (TTM) EPS was at Rs -3.67 per share. (Dec, 2011). 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 0.41. The dividend yield of the company was 0.52%.