Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
24 March, 2018 05:58 IST
Fitch withdraws ratings assigned to Rcom
Source: IRIS | 06 Dec, 2017, 10.08AM
Comments  |  Post Comment

Fitch Ratings has withdrawn India-based Reliance Communications (Rcom) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'Restricted Default' (RD) and the rating on Rcom's USD 300 million 6.5% senior secured notes due 2020 of 'C' with Recovery Rating of 'RR4'.

The stock had underperformed the market over the past one month till Dec. 05, 2017, falling 31.72% compared with the Sensex's 2.62% decline. It underperformed the market in past one quarter, declining 49.39% as against 3.12% rise in the Sensex.

Shares of the company declined Rs 0.17, or 1.5%, to trade at Rs 11.17. The total volume of shares traded was 691,343 at the BSE (9.59 a.m., Wednesday).

Reliance Communications Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Related Articles
Tata Steel identified as successful resolution application for acquisition of Bhushan Steel - 23-Mar-2018 12:36
Vakrangee ties up with Blue Dart Express - 23-Mar-2018 09:54
Suven Life Sciences secures 3 overseas product patents - 22-Mar-2018 12:24
Cox & Kings sells 11.58% stake in subsidiary - 22-Mar-2018 12:20
Steel Strips Wheels receives 7,000 wheel order from UK aftermarket - 22-Mar-2018 10:37
Zensar Technologies acquires US based Cynosure Inc - 22-Mar-2018 10:33
IRB Infrastructure Developers wins Rs 34 bn Hapur bypass BOT project - 22-Mar-2018 10:18
Sun Pharma announces USFDA approval of ILUMYA drug - 22-Mar-2018 09:39
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer