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
19 September, 2018 10:56 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Fitch Ratings has withdrawn India-based Reliance Communications (Rcom) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'Restricted Default' (RD) and the rating on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
Comment
Security Code type    into this box
Related Articles
Sun Pharma gets European Commission nod for ILUMETRI - 18-Sep-2018 17:02
Indian Hume Pipe receives LoA for order worth Rs 2.21 bn - 18-Sep-2018 16:58
Tata iQ selects TCS Jile to Drive Agile Transformation - 18-Sep-2018 16:48
Strides Pharma Science completes inspection for product pre-approval - 18-Sep-2018 16:39
Government to merge Dena Bank, Vijaya Bank, Bank of Baroda - 18-Sep-2018 15:33
Government to merge Dena Bank, Vijaya Bank, Bank of Baroda - 18-Sep-2018 15:33
Government to merge Dena Bank, Vijaya Bank, Bank of Baroda - 18-Sep-2018 15:33
Larsen & Toubro wins orders worth Rs 20.48 bn - 18-Sep-2018 15:27
Aurobindo Pharma receives approval from South African health regulator - 18-Sep-2018 10:34
Tata Comm launches specialised cyber security lab at SASTRA in India - 17-Sep-2018 12:30
Mindtree partners with IIT Madras - 17-Sep-2018 12:24
more...
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